The firm's price target implies the share price could grow 22.5% in the next year.
Beat-down Enphase is worth buying as its European business becomes a larger tailwind, according to Raymond James. Analyst Pavel Molchanov upgraded the solar stock to outperform from market perform. He set a price target of $225, implying the stock could rally 22.5% from where it closed Friday. "We are turning positive on Enphase for the first time since 2013, i.e., ancient history by solar industry standards," he said in a Monday note to clients.
mountain Enphase this year — CNBC's Michael Bloom contributed to this report.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Fan-Favorite James Cameron Movies May Finally Be Getting 4K ReleasesFilm producer Jon Landau teases that at least four James Cameron fan-favorites movies are getting a 4K copy releases sooner than expected.
Baca lebih lajut »
James Van Der Beek and Wife Kimberly's Complete Relationship TimelineMove over Dawson and Joey — because DawsonsCreek alum James Van Der Beek and his wife, Kimberly Van Der Beek, have an everlasting love story. 💕
Baca lebih lajut »
Another comeback: Ohio State women rally to top James Madison in NCAA TournamentOhio State defeated James Madison in the first round of the NCAA Tournament on Saturday.
Baca lebih lajut »
San Jose Sharks pride night: Statements from James Reimer, the Sharks and You Can Play ProjectSan Jose Sharks goalie James Reimer won’t participate in the team’s pregame warmup on Pride Night at SAP Center
Baca lebih lajut »
Every Train Fight In The James Bond Franchise, RankedThere have been a number of great train fights in the James Bond franchise, some better than others, and this list ranks them all in quality.
Baca lebih lajut »