Enphase Energy (ENPH) Tops Q4 EPS by 7c, Q1 Rev Guidance Light

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Jefferies Lifts PT on Enphase Energy (ENPH) by $2, Reiterates Buy

February 27, 2013 7:58 AM EST

Jefferies raised its price target on Enphase Energy (NASDAQ: ENPH) from $5 to $7 following Q4 results.

The firm comments, "ENPH reported upside to rev and came in at the high end of GM guidance and 1Q13 GM guidance of 26-28% was well ahead... More