On 11/14/23, Enphase Energy Inc (NASDAQ: ENPH) stock enjoyed a major increase of 16.3%, closing at $91.39. Relative to the market the stock has been extremely weak over the last nine months but has risen 16.9% during the last week.
Current PriceTarget Research Rating
ENPH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Enphase Energy has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Enphase Energy has a very high Appreciation Score of 87 but a very low Power Rating of 1, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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