Enphase Energy Reports Financial Results for the First Quarter of 2024

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Go back to Enphase Energy Reports Financial Results for the First Quarter of 2024

Jefferies Downgrades Enphase Energy (ENPH) to Hold, 'Still Muddling Through'

April 24, 2024 10:17 AM EDT

Jefferies analyst Dushyant Ailani downgraded Enphase Energy (NASDAQ: ENPH) from Buy to Hold with a price target of $111.00 (from $135.00).

The analyst comments "We are downgrading ENPH, as we expect resi macro headwinds to persist. Mgmt continues to take the right steps in managing under... More

Enphase Energy (ENPH) PT Lowered to $130 at RBC Capital

April 24, 2024 6:26 AM EDT

RBC Capital analyst Chris Dendrinos lowered the price target on Enphase Energy (NASDAQ: ENPH) to $130.00 (from $140.00) while maintaining a Outperform rating.

The analyst comments "1Q24 results disappointed on lower than expected revenues and an increasingly cautious outlook from lower underlying demand.... More