Barclays analyst Christine Cho lowered the firm’s price target on Enphase Energy (ENPH) to $30 from $31 and keeps an Underweight rating on the shares. The firm lowered its annual topline forecast by about 2% in FY26, about 2.5% in FY27, and about 4% in FY28, mostly due to lower expected microinverter shipments in both the U.S. and the rest of the world, the analyst tells investors.
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