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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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