BofA lowered the firm’s price target on Enphase Energy (ENPH) to $56 from $60 and keeps an Underperform rating on the shares. While the company posted “solid” Q4 results, the “underlying demand picture remains murky,” argues the analyst, who adds that the firm now expect a return to greater than $450M in revenue to “be a 2H26 story.”
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Read More on ENPH:
- Enphase Energy price target lowered to $90 from $100 at Roth MKM
- Enphase Energy price target raised to $103 from $101 at Oppenheimer
- Enphase Energy price target lowered to $76 from $79 at Susquehanna
- Enphase Energy price target lowered to $66 from $69 at BMO Capital
- Enphase Energy upgraded to Buy from Hold at Canaccord