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Deutsche Bank disclosed Enphase Energy Inc (NASDAQ:ENPH), bumping down its price target to $1.30 earlier today

Boasting a price of $1.23, Enphase Energy Inc (NASDAQ:ENPH) traded -26.35% lower on the day. With the last stock price close down -41.25% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Enphase Energy Inc has recorded a 50-day average of $1.79 and a two hundred day average of $2.09. Volume of trade was up over the average, with 6,219,028 shares of ENPH changing hands over the typical 326,880

Reporting as potential upside of 0.06%, Deutsche Bank bumped down the target of Enphase Energy Inc (NASDAQ:ENPH) to $1.30

On 07/08/2015, JP Morgan released a statement for Enphase Energy Inc (NASDAQ:ENPH) bumped down the target price from $16.00 to $10.00 that suggested an upside of 0%.

Performance Chart

Enphase Energy Inc (NASDAQ:ENPH)

With a total market value of $0, Enphase Energy Inc has with a one year low of $1.16 and a one year high of $5.37 .

Brief Synopsis About Enphase Energy Inc (NASDAQ:ENPH)

Enphase Energy, Inc. is a provider of energy management solutions. The Company is engaged in designing, developing, manufacturing and selling microinverter systems for the solar photovoltaic industry. Its semiconductor-based microinverter system converts direct current (DC) electricity to alternating current (AC) electricity. Its microinverter system consists of three components: Enphase microinverters, an Envoy gateway and Enlighten cloud-based software. Its Enphase microinverters provide power conversion at the individual solar module level by a digital architecture that incorporates custom application specific integrated circuits (ASIC), specialized power electronics devices, and an embedded software subsystem. Envoy bi-directional communications gateway provides collecting and sending data to Enlighten software. Enlighten cloud-based software provides the capabilities to remotely monitor, manage, and maintain an individual system or a fleet of systems.

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