Enphase Energy Announces Proposed Public Offering of Common Stock

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Go back to Enphase Energy Announces Proposed Public Offering of Common Stock

Needham & Company Remains Sidelined on Enphase Energy (ENPH)

September 23, 2016 7:28 AM EDT

Needham & Company reiterated a Hold rating on Enphase Energy (NASDAQ: ENPH) following the company's announced new restructuring initiatives, preliminary 4Q16 guidance, and launched secondary equity offering. ENPH expects to record $3MM of restructuring charges in 3Q16 and the program will complete in 4Q16. For 4Q16, the company guided... More

Roth Trims PT on Enphase Energy (ENPH) to $1.50 Amid Restructuring, Equity Offering

September 23, 2016 7:23 AM EDT

Roth Capital cut its price target on Neutral-rated Enphase Energy (NASDAQ: ENPH) from $1.80 down to $1.50 after the company announced restructuring plans and an equity raise on Thursday night.

Analyst Philip Shen commented today: Shares fell sharply during after-hours trading. While... More