Enphase Energy Hits Record High Following Goldman Sachs Upgrade
Enphase Energy (ENPH) reached a new record high after Goldman Sachs upgraded its price target and maintained a 'buy' rating. The stock climbed to $63.27 during intraday trading before closing at $62.34, up 17.29%. The upgrade comes amid anticipation of increased demand for solar products due to the approaching federal tax credit deadline.
Topics: Enphase Energy Goldman Sachs upgrade solar tax credit deadline