Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Kashy Harrison"


4 mentions found


Jefferies upgraded MercadoLibre to buy and raised its price target on the stock. Asiya Merchant kept her buy rating and and hiked up her price target by $45 to $170, which suggests shares could jump 16.9% from Monday's close. Nodding to the stock's strong recent performance, analyst David Koning downgraded Toast shares to neutral and maintained his $28 price target. Analyst Kashy Harrison downgraded the stock to neutral from overweight and lowered his price target to $4.50 from $9, implying 8.4% upside. He also raised his price target to $2,100 from $1,400, implying upside of about 20% over the next 12 months.
Persons: Jefferies, Piper Sandler, Asiya Merchant, Merchant, Dell, — Pia Singh, Baird, David Koning, Koning, Morgan Stanley, Chan, TSMC, Piper Sandler downgrades, Kashy Harrison, Harrison, Alex Wright, Wright, Fred Imbert Organizations: CNBC, Sunnova Energy, Citi, Dell, Citi Research, TAM, Taiwan Semiconductor, Nvidia, Energy, NOVA, Jefferies Locations: America, Monday's, Kong, securitizations
Piper Sandler is optimistic again on Enphase Energy , saying that the company's U.S. business is "not as bad as feared." The firm's upgrade comes after it downgraded Enphase shares to neutral in January 2023. ENPH YTD mountain Enphase Energy stock Harrison believes Enphase's earnings margins could reach the 40% range as the company ramps up its production and harvests credits from the Inflation Reduction Act. To be sure, he noted that an unexpected declaration in the company's international expansion is a risk to his optimistic outlook on the stock. Enphase shares have dropped 21.1% in 2023, but have gained more than 9% over the past 12 months.
It's time to step to the sidelines on solar power stock Enphase Energy , according to Piper Sandler. Analyst Kashy Harrison downgraded shares to neutral from overweight, saying the U.S. residential solar power market could undergo a reset this year on weaker demand. ENPH 1D mountain Enphase shares fall The analyst cited recent data from GoodLeap that showed a drop in December loan originations compared to August. GoodLeap is a provider of financing options for the residential solar energy industry that holds about 30% market share, according to the note. Enphase Energy shares are down 17% this year.
Solar stock Array Technologies has outperformed this year, and Piper Sandler thinks there's even more upside to come. Analyst Kashy Harrison upgraded Array Technologies to overweight from neutral, saying an improved forward outlook has the firm bullish on the manufacturer of solar tracking systems. Regardless, the analyst expects that Array, which is up 13.6% in 2022, will continue to outperform. Array Technologies rose 3.8% in Monday premarket trading. "We acknowledge near term risks associated with the UFLPA but see the potential for a more pronounced '23 market recovery," Harrison added.
Total: 4