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Seaport Global Reaffirms Their Buy Rating on Enphase Energy (ENPH)
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Seaport Global Reaffirms Their Buy Rating on Enphase Energy (ENPH)

Seaport Global analyst Tom Curran maintained a Buy rating on Enphase Energy (ENPHResearch Report) today and set a price target of $144.00. The company’s shares closed last Friday at $114.20.

According to TipRanks, Curran is an analyst with an average return of -3.8% and a 37.83% success rate. Curran covers the Energy sector, focusing on stocks such as Baker Hughes Company, Dril-Quip, and NOV.

In addition to Seaport Global, Enphase Energy also received a Buy from Craig-Hallum’s Eric Stine in a report issued on May 3. However, on April 25, DZ BANK AG maintained a Hold rating on Enphase Energy (NASDAQ: ENPH).

ENPH market cap is currently $15.54B and has a P/E ratio of 59.17.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is neutral on the stock. Most recently, in February 2024, Richard Mora, a Director at ENPH sold 24,285.00 shares for a total of $2,928,443.54.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Enphase Energy (ENPH) Company Description:

Enphase Energy, Inc. is an energy technology company that provides energy management technology solutions for the solar photovoltaic industry worldwide. It engages in designing, developing, manufacturing and selling software-driven home energy solutions, which connect energy generation, energy storage and web-based control and communications management services.

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