From Financial Modeling Prep: 2025-01-14 12:17:00

Jefferies analysts lowered Enphase Energy’s price target from $61 to $57, maintaining an Underperform rating due to market challenges and competition. The U.S. residential market is improving slowly, with Tesla as a major competitor. Recovery in the European market is slow. Expectations for downward revisions to 2025 estimates led to a revenue forecast adjustment.



Read more at Financial Modeling Prep:: Enphase Energy Faces Headwinds, Jefferies Lowers P…