Piper Sandler lowered the firm’s price target on Enphase Energy (ENPH) to $47 from $65 and keeps a Neutral rating on the shares. The firm says that Q1, in many respects, is old news given events that have unfolded since “Liberation Day.” Accordingly, the focus is on tariff implications. Much of the risk now surrounds leverage toward China, Piper adds.
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Read More on ENPH:
- Enphase Energy price target lowered to $58 from $86 at Barclays
- Enphase Energy price target lowered to $59 from $76 at Susquehanna
- Enphase Energy price target lowered to $59 from $63 at RBC Capital
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- Enphase Energy price target lowered to $78 from $94 at TD Cowen