B. Riley Securities has decided to maintain its Neutral rating of Enphase Energy (NASDAQ:ENPH) and raise its price target from $155.00 to $171.00.
Shares of Enphase Energy are trading up 8.49% over the last 24 hours, at $166.90 per share.
A move to $171.00 would account for a 2.46% increase from the current share price.
About Enphase Energy
Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
