Solar Power Stock Enphase Gains on Analyst Upgrade

One analyst covering the solar-inverter maker

Enphase Energy


believes it is time for investors to grasp at a “falling knife.” It sounds like a bad idea, but it might not be as dangerous as it sounds.

Monday, Raymond James analyst Pavel Molchanov upgraded shares of Enphase (ticker: ENPH) to Buy from Hold. He says the price could rise to $225 a share, while he didn’t have a price target when he rated the stock at Hold.

Source: https://www.barrons.com/articles/enphase-energy-stock-upgrade-solar-power-e9d15319?siteid=yhoof2&yptr=yahoo