Morgan Stanley analyst David Arcaro raised the firm’s price target on Enphase Energy (ENPH) to $30 from $26 and keeps an Underweight rating on the shares following a “strong” Q4 EPS beat and an “encouraging” outlook for 2026. With demand bottoming in Q1 and growing each quarter after, the firm will be looking towards key execution milestones in the coming quarters before turning more positive, the analyst tells investors.
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Read More on ENPH:
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