Information Provided By:
Fly News Breaks for April 16, 2018
ENPH
Apr 16, 2018 | 08:45 EDT
Roth Capital analyst Philip Shen raised his price target for Enphase Energy to $6 from $5.50 after meeting with management. As the company aggressively drives out costs, the analyst expects it to regain share as it rolls out its unique and differentiated IQ7/IQ7x/IQ8 technology. Shen reiterates a Buy rating on the stock.