Enphase Energy, Inc. (NASDAQ:ENPH) shares are trading lower Tuesday, and the stock is down more than 12% over the last month.
What To Know:
On Tuesday, Barclays analyst Brandt Montour maintained Enphase Energy with an Equal-Weight rating and lowered the price target from $155 to $140.
Also on Tuesday, Susquehanna analyst Biju Perincheril maintained Enphase Energy with a Positive rating and lowered the price target from $200 to $175.
Shares of ENPH are down on heavy trading volume. According to data from Benzinga Pro, more than 2.3 million shares have been traded in the session, compared to the stock's 100-day average of 3.731 million shares traded.
The stock has attracted the attention of retail investors and short-sellers alike. Shares of ENPH are currently listed among the top trending tickers on Yahoo! Finance and Stocktwits, and 10.39% of available shares are being sold short.
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ENPH Price Action: According to Benzinga Pro, Enphase Energy shares are down 3.7% at $112.52 at the time of publication.
Image: A Owen from Pixabay
