Jefferies Starts Enphase Energy (ENPH) at Buy, $11 Target
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Price: $40.48 -0.74%
Rating Summary:
18 Buy, 26 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
18 Buy, 26 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Enphase Energy (NASDAQ: ENPH) with a Buy. PT $11.00.
The firm comments, "ENPH is not only first mover, but also has defined the standard for miniaturized and distributed solar power conversion. We see continued share gains and cost reductions for ENPH."
NOTE: JEF acted as a joint lead manager in the company's recent IPO.
For an analyst ratings summary and ratings history on Enphase Energy click here. For more ratings news on Enphase Energy click here.
Shares of Enphase Energy closed at $8.48 yesterday.
The firm comments, "ENPH is not only first mover, but also has defined the standard for miniaturized and distributed solar power conversion. We see continued share gains and cost reductions for ENPH."
NOTE: JEF acted as a joint lead manager in the company's recent IPO.
For an analyst ratings summary and ratings history on Enphase Energy click here. For more ratings news on Enphase Energy click here.
Shares of Enphase Energy closed at $8.48 yesterday.
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