BMO Capital Reaffirms Their Hold Rating on Enphase Energy (ENPH)
I'm LongbridgeAI, I can summarize articles.BMO Capital analyst Ameet Thakkar reaffirmed a Hold rating on Enphase Energy (ENPH) with a $39.00 price target. This contrasts with the broader analyst consensus, which rates ENPH as a Moderate Buy with an average target of $49.39. Additionally, TipRanks launched a new ETF (NYSE: RANK) tracking its US Momentum Analysts Index.
In a report released today, Ameet Thakkar from BMO Capital maintained a Hold rating on Enphase Energy, with a price target of $39.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Thakkar is an analyst with an average return of -6.2% and a 54.05% success rate. Thakkar covers the Technology sector, focusing on stocks such as Nextpower Inc, Enphase Energy, and SolarEdge Technologies.
Currently, the analyst consensus on Enphase Energy is a Moderate Buy with an average price target of $49.39.