Deutsche Bank analyst Corinne Blanchard lowered the firm’s price target on Enphase Energy to $285 from $330 and keeps a Buy rating on the shares as part of her Q4 solar preview. The analyst expects investors to focus on residential solar demand in the U.S. following the Inflation Reduction Act, demand growth in Europe, storage growth and adoption and the supply chain environment.
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 Insiders’ Hot Stocks on TipRanks >>
Read More on ENPH:
- Enphase Energy Expands IQ8 Microinverter Deployments in the Netherlands
- Enphase Energy Expands IQ8 Microinverter Deployments in Puerto Rico
- Enphase Energy expands IQ8 microinveter deployments in Puerto Rico
- 3 Red-Hot Solar Stocks for 2023
- Enphase Energy expands IQ8 Microinverters deployments in New Hampshire