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Fly News Breaks for April 4, 2018
ENPH
Apr 4, 2018 | 14:06 EDT
Roth Capital analyst Philip Shen notes that Enphase Energy sold off as much as 16% intraday due in part to the misunderstanding of a standard procedure. The analyst points out that the 301 product list subjected to 25% tariffs does not include inverters or Enphase, which had become a source of concern of him and some investors. Additionally, Shen notes that in the company's recent 2017 10K, Enphase shed its going concern risk factor, which he sees as a meaningful positive. The analyst would be a buyer as he continues to see upside for the stock. He reiterates a Buy rating and $5.50 price target on the shares.
News For ENPH From the Last 2 Days
ENPH
Apr 18, 2024 | 08:12 EDT
Enphase Energy announced the launch of the IQ Combiner Lite in the Netherlands to simplify installation and commissioning of small-scale solar installations on homes categorized as "social housing," where rent is capped by the Dutch government to increase accessibility for people with low incomes.