Raymond James upgraded Enphase Energy (ENPH) to Outperform from Market Perform with a $225 price target. George Tsilis discusses the company's business and the reasons behind the upgrade. He points out that Enphase doesn't make solar panels but works in energy management and thinks that is why it has outperformed other solar companies. He also shows an example options trade: a neutral-to-bearish put spread.
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21 Mar 2023
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