Analyst cut, rate pressure
Enphase is falling sharply as an analyst lowered its price target and a recap notes higher interest rates pressuring the value of its solar financing model, despite some positive utility approvals for its IQ Meter Collar.
Sources: https://news.futunn.com/en/flash/1000264470/enphase-energy-inc-susquehanna-cuts-target-price-to-37-from, https://www.tradingview
Sources
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