GLJ Research lowered the firm’s price target on Enphase Energy (ENPH) to “a Street-low” $31.11 from $50.69 and keeps a Sell rating on the shares. After adjusting the firm’s model to reflect Q1 results and the company’s “new reality”, the firm sees an Incremental 32% downside to the shares through year-end 2025, the analyst tells investors.
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