Goldman Sachs Upgrades Enphase Energy to Buy with 11.40% Upside Potential

Goldman Sachs upgraded Enphase Energy (ENPH) from Neutral to Buy, with an average one-year price target of $38.97/share, a 11.40% increase from its latest closing price of $34.98/share. The projected annual revenue for Enphase Energy is 5,526MM, an increase of 265.39%. There are 980 funds or institutions reporting positions in Enphase Energy, with an average portfolio weight of 0.12%.