Susquehanna Maintains Neutral on Enphase Energy, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Neutral rating on Enphase Energy and lowers the price target from $104 to $85.
October 24, 2024 | 3:36 pm
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Susquehanna has maintained a Neutral rating on Enphase Energy but lowered the price target from $104 to $85, indicating a less optimistic outlook.
The lowering of the price target from $104 to $85 by Susquehanna suggests a less optimistic view on Enphase Energy's future performance. This could lead to short-term downward pressure on the stock price as investors adjust their expectations.
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