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Enphase Energy (ENPH) cut at Wolfe Research as firm becomes more cautious

July 20, 2023 1:27 PM EDT

Enphase Energy (NASDAQ: ENPH) was downgraded to Peer Perform from Outperform at Wolfe Research Thursday, with analyst Steve Fleishman removing the stock price target.

Fleishman told investors in a note that they are now more cautious about US residential solar.

"The... More