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Enphase Energy (NASDAQ:ENPH) Upgraded to "Hold" at Wall Street Zen
Wall Street Zen has upgraded Enphase Energy (NASDAQ:ENPH) from a “sell” to a “hold” rating. The stock currently holds a consensus “Hold” rating from analysts with an average price target of $43.17, despite experiencing revenue decline year-over-year. The article highlights both positive factors, such as the launch of Enphase’s IQ Energy Management solution, and negative aspects, including ongoing securities class actions and recent insider stock sales.