Enphase Energy's stock dropped 4.5% after BMO Capital Markets downgraded its price target.
Enphase Energy's stock fell 4.5% after BMO Capital Markets downgraded its price target from $115 to $114. Despite this, other analysts have issued varying ratings, with a consensus "Hold" and a target of $128.86. The company reported Q2 earnings of $0.43 per share, missing expectations of $0.49. Institutional investors hold 72.12% of shares, and the company has a market cap of $14.60 billion.
October 02, 2024
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