Truist Downgrades Enphase to Hold Amid Diminished 2025 Growth Projections

Reported 1 day ago

Truist has downgraded Enphase Energy from Buy to Hold, lowering its revenue and EBITDA growth estimates for 2025 due to weak European sales, tough competition in the US, and an overall challenging market environment, resulting in less-than-expected growth for the stock.

Source: YAHOO

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