TD Cowen Lifts Enphase Energy Target to $40 After Upgraded Guidance; Analysts Turn More Positive
TD Cowen raised its price target on Enphase Energy to $40 from $35 while retaining a Hold rating, citing stronger first-quarter 2026 revenue guidance and lean channel inventory driven by a US demand surge. Other brokers have also moved more positive, upgrading ratings and lifting targets after the company posted better-than-expected fourth-quarter …