Jefferies Financial Group Cuts Enphase Energy (NASDAQ:ENPH) Price Target to $54.00
Jefferies Financial Group has reduced its price target for Enphase Energy (NASDAQ:ENPH) to $54.00 from $57.00, while maintaining a "buy" rating. This new target implies a potential upside of 33.78% from the stock's current price, despite the wider Street consensus being a "Hold" with an average target of $43.17. The adjustment follows Enphase Energy's quarterly earnings report, where it beat EPS estimates but saw revenue decline by 10.3% year-over-year, leading to a 5.1% drop in shares.
https://www.marketbeat.com/instant-alerts/jefferies-financial-group-cuts-enphase-energy-nasdaqenph-price-target-to-5400-2026-03-26/