Enphase Energy Rises on Goldman Sachs' Upgraded Price Target
Enphase Energy (ENPH) rose by 13.67% following a price target increase from Goldman Sachs, which raised its recommendation to $57 per share while maintaining a 'buy' rating. The stock's surge coincided with anticipation of increased demand for solar technology ahead of the July 4 deadline for federal tax credits.
Topics: Enphase Energy Goldman Sachs upgrade solar tax credit deadline