Barclays lowered the firm’s price target on Enphase Energy (ENPH) to $129 from $131 and keeps an Overweight rating on the shares. The analyst says the company’s de-stocking is completed and its Q3 guidance factors in some potential share gain by Tesla (TSLA). The firm notes Enphase’s gross margins continue to climb.
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- Enphase Energy Stock (NASDAQ:ENPH): Watch for Dark Clouds after Sunny Reaction
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