Barclays raised the firm’s price target on Enphase Energy (ENPH) to $106 from $81 and keeps an Equal Weight rating on the shares. The analyst thinks consensus estimates for Enphase will need to be revised down and that the company is better positioned than SolarEdge (SEDG) for the road to recovery from a sales, margin, and market share perspective.
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Read More on ENPH:
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