Enphase Energy (ENPH) Tops Q1 EPS by 1c
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BofA/Merrill Lynch Downgrades Enphase Energy (ENPH) to Underperform
May 6, 2015 7:25 AM EDTBofA/Merrill Lynch downgraded Enphase Energy (NASDAQ: ENPH) from Neutral to Underperform with a price target of $10.50 (from $16.50). Analyst Krish Sankar has structural concerns about the company's ability to grow and sustain margins.
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