TD Cowen analyst Jeff Osborne raised the firm’s price target on Enphase Energy (ENPH) to $40 from $35 and keeps a Hold rating on the shares. The firm updated its model following Q4 results that showed demand picked up in the U.S. during the quarter but Q1 is expected to be tough.
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Read More on ENPH:
- Enphase Energy price target raised to $68 from $67 at Oppenheimer
- Enphase Energy price target raised to $46 from $39 at Susquehanna
- Solid Q4 Execution but Structural Headwinds and Demand Uncertainty Justify Sell Rating and $30 Downside Target
- Enphase Energy price target raised to $51 from $45 at Goldman Sachs
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