Enphase Energy (ENPH) stock holds near $40 after Citi and Goldman upgrades — what to watch into earnings
Enphase shares edged up less than 0.1% to $40.50 early Friday after jumping 12.54% Thursday on heavy volume. Citi and Goldman Sachs upgraded the stock, citing limited downside and strong Q4 demand tied to tax credit deadlines. Investors are watching early-February results for signs of sustained demand. Enphase remains 43% below its 52-week high.