Enphase Energy (ENPH) PT Raised to $14 at Roth Capital

Roth Capital analyst Philip Shen raised the price target on Enphase Energy (NASDAQ: ENPH) to $14.00 (from $10.00) while maintaining a Buy rating.

Analyst comments: "we are taking up our estimates and price target for ENPH, as we believe the company is well-positioned to capitalize on robust global demand and accelerating growth in the U.S. ENPH expects to double manufacturing capacity with Flextronics by Q4'19 and is on track to add two FET lines in H2’19. We see the higher capacity enabling higher-than-expected revenue and earnings ahead."

You May Also Be Interested In

• BOK Financial (BOKF) PT Raised to $97 at DA Davidson
• KeyBanc Reiterates Sector Weight Rating on Enphase Energy (ENPH)
• Boston Scientific (BSX) PT Raised to $77 at Oppenheimer