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Enlight Renewable price target raised to $28 from $23 at Roth Capital

Roth Capital analyst Justin Clare raised the firm’s price target on Enlight Renewable (ENLT) to $28 from $23 and keeps a Buy rating on the shares. The company reported a “strong” Q2 beat, having safe-harbored 6GW of its portfolio, marking significant progress toward its goal of reaching 6.5-8GW ahead of the July 2026 deadline, and while there remains some risk around potential changes to safe harboring rules, much of ENLT’s mature portfolio is scheduled for completion before 2027-end, the analyst tells investors in a research note.

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