The Fly

Enphase Energy price target lowered to $327 from $379 at Goldman Sachs

Goldman Sachs analyst Brian Lee lowered the firm’s price target on Enphase Energy to $327 from $379 but keeps a Buy rating on the shares as part of a broader research note previewing Q4 results in Solar stocks. The analyst prefers utility-scale names over companies with residential end market preference, but also sees significant margin recovery stories in focus.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on ENPH:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More