In a report released today, Vikram Bagri from Needham reiterated a Buy rating on Enphase Energy (ENPH – Research Report), with a price target of $294.00. The company's shares closed last Tuesday at $135.92, close to its 52-week low of $108.88. According to TipRanks.com, Bagri is ranked #7504 out of 7772 analysts. Enphase Energy has an analyst consensus of Strong Buy, with a price target consensus of $256.26, an 83.3% upside from current levels. In a report issued on January 13, KeyBanc also maintained a Buy rating on the stock with a $200.00 price target.
https://www.tipranks.com/news/blurbs/needham-thinks-enphase-energys-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Enphase Energy (NASDAQ:ENPH)
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