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Zacks Investment Research announced Enphase Energy Inc (NASDAQ:ENPH), bumping up its stock price target to $1.25 today

Just yesterday Enphase Energy Inc (NASDAQ:ENPH) traded -0.88% lower at $1.13. Enphase Energy Inc’s 50-day moving average is $1.12 and its 200-day moving average is $1.64. The last closing price is down -31.16% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 131,843 shares of ENPH traded hands, down from an average trading volume of 739,722

In a report released on 11/28/2016 Zacks Investment Research increased the stock price target of Enphase Energy Inc (NASDAQ:ENPH) to $1.25 reporting a possible upside of 0.11%.

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Enphase Energy Inc (NASDAQ:ENPH)

Enphase Energy Inc has 52 week low of $0.98 and a 52 week high of $4.50 and has a market capitalization of $0.

Brief Synopsis On 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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