Susquehanna analyst Charles Minervino raised the firm’s price target on Enphase Energy (ENPH) to $46 from $39 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results where they showed a beat on both earnings and revenues while raising its Q1 guidance.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENPH:
- 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
- Enphase Energy price target raised to $30 from $26 at Morgan Stanley
- Enphase Energy price target raised to $39 from $38 at Mizuho
- Enphase Energy price target raised to $39 from $33 at JPMorgan