StockNews.AISignal intelligencePublic signal · 1-minute delayed
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The sizable target cut and continued share weakness support a bearish view, while the revised target remains above the posted price and is only one analyst's opinion.
What happened, with direct paths to the underlying reporting
Wells Fargo reduced its ENPH price target by about 23%. Shares are down 13.81% since the signal, consistent with a bearish direction, although the $34 target is still above the posted price of $29.76.
Target: $34
Posted price: $29.76
Analyst firm: Wells Fargo
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StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.