Barclays lowered the firm’s price target on Enphase Energy (ENPH) to $248 from $257 and keeps an Equal Weight rating on the shares ahead of the Q1 results. The analyst continues to prefer SolarEdge (SEDG) over Enphase as the firm expects narratives around U.S. shipments to potentially diverge. It sees early signs of the former taking market share in the U.S.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on ENPH:
- Roth MKM sustainability analysts to hold an analyst/industry conference call
- 3 Best Stocks to Buy Now, 4/18/2023, According to Top Analysts
- Enphase Energy price target lowered to $311 from $363 at KeyBanc
- Piper Sandler’s Remarks Put Enphase Energy in the Sun
- Enphase Energy call volume above normal and directionally bullish