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Fly News Breaks for November 4, 2015
ENPH
Nov 4, 2015 | 09:11 EDT
Roth Capital analyst Philip Shen downgraded Enphase Energy to Neutral from Buy saying the Q4 guidance miss was deeper than expected. He sees uncertainty around the rate of deterioration and when it may end. The analyst cut his price target for shares to $3 from $4.50. Needham and Canaccord also downgraded Enphase post-earnings.