04/10/2024

Top Business

Trend About Business

Enphase Energy, solar stocks’ targets cut as Susquehanna sees softer demand (NASDAQ:ENPH)

Enphase Energy, solar stocks’ targets cut as Susquehanna sees softer demand (NASDAQ:ENPH)

Enphase Energy, solar stocks’ targets cut as Susquehanna sees softer demand (NASDAQ:ENPH)

bombermoon/iStock via Getty Images

Solar energy stocks (NYSEARCA:TAN) finished broadly lower Thursday as analysts at Susquehanna cut price targets on several top names in the sector, saying “recent industry checks and conversations with installers and equipment providers suggest softening demand across the U.S. market.”