Roth MKM raised the firm’s price target on Enlight Renewable (ENLT) to $23 from $20 and keeps a Buy rating on the shares. The company delivered a Q4 beat and provided better-than-expected 2025 guidance, and Roth is increasing its 2025 and 2026 estimates primarily to reflect the contribution of tax benefits and the sale of a cluster of projects in Israel, the analyst tells investors in a research note. Enlight’s 2025 guidance could prove conservative given the growth of the company’s operational portfolio, the firm adds.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENLT:
- Wolfe downgrades Enlight Renewable to Peer Perform on valuation
- Enlight Renewable downgraded to Peer Perform from Outperform at Wolfe Research
- Enlight Renewable Energy Reports Strong 2024 Growth
- Enlight Renewable sees FY25 revenue $490M-$510M
- Enlight Renewable Energy Reports Strong 2024 Financial Results and Ambitious Growth Plans
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue