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Barchart
Wajeeh Khan

This Analyst Just Upped Their Price Target on Enphase Energy. Here's Why.

ENPH Enphase Energy Enphase TD Cowen United States

Enphase Energy (ENPH) shares are extending gains on Monday as investors continue to cheer TD Cowen’s recently issued bullish note in favor of the energy technology company.

Analyst Jeff Osborne maintained a “Hold” rating on ENPH last week but doubled his price target to $70, indicating potential upside of another 18% from current levels.

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