Goldman Sachs has decided to maintain its Buy rating of Enphase Energy (NASDAQ:ENPH) and raise its price target from $290.00 to $328.00.
Shares of Enphase Energy are trading up 0.21% over the last 24 hours, at $316.99 per share.
Enphase Energy Inc (NASDAQ: ENPH) is known as a global leader in solar energy solutions, and over the past five years, delivered beaming returns for traders and investors.
Deutsche Bank raised the price target on Moderna, Inc. (NASDAQ: MRNA) from $155 to $165. Deutsche Bank analyst Emmanuel Papadakis also upgraded the stock from Hold to Buy. Moderna shares rose 2.8% to trade at $138.70 on Thursday.
Enphase Energy's (NASDAQ:ENPH) short percent of float has risen 28.53% since its last report. The company recently reported that it has 4.74 million shares sold short, which is 4.64% of all regular shares that are available for trading.
A whale with a lot of money to spend has taken a noticeably bullish stance on Enphase Energy.
Looking at options history for Enphase Energy (NASDAQ:ENPH) we detected 24 strange trades.
Inflation jumped to a new all-time high of 8.9% in July, sparking a cost-of-living crisis in Europe for the 19 countries bound by the euro, fueled by rising energy costs.
A whale with a lot of money to spend has taken a noticeably bullish stance on Enphase Energy.
Looking at options history for Enphase Energy (NASDAQ:ENPH) we detected 40 strange trades.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.