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The steep target reduction supports a bearish view, but analyst targets are opinions rather than confirmed company developments.
What happened, with direct paths to the underlying reporting
BMO Capital lowered its ENPH target by about 24% to $28, roughly 13% below the posted price of $32.19.
Target: $28
Posted price: $32.19
Analyst firm: BMO Capital
Analyst: Ameet Thakkar
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