Northland Capital Markets Maintains Outperform on Enphase Energy, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an 'Outperform' rating on Enphase Energy but has lowered the price target from $150 to $110.
October 24, 2024 | 5:04 pm
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Northland Capital Markets has maintained an 'Outperform' rating on Enphase Energy but has lowered the price target from $150 to $110.
The maintenance of an 'Outperform' rating suggests continued confidence in Enphase Energy's performance, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100