Barclays lowered the firm’s price target on Enphase Energy (ENPH) to $91 from $114 and keeps an Overweight rating on the shares. After a challenging Q3 earnings season, Barclays does not expect Q4 earnings will be when sentiment turns around, “especially with the seasonal lull,” the analyst tells investors in a research note. The firm says topics on the earnings call will focus on are cost cuts, cash generation, safe harbor potential, competition, new products, and regulatory policy.
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