Solar, clean energy stocks rally ahead of Fed decision on interest rates (NASDAQ:ENPH)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 17 2024
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Source: SeekingAlpha
Enphase Energy Performance: Enphase Energy saw a 6.3% increase in its stock price, making it the top gainer on the S&P 500.
Market Trends: The rise in Enphase's stock reflects a broader advance in solar and clean energy stocks ahead of an anticipated interest rate announcement from the Federal Reserve.
Analyst Views on PBW
Wall Street analysts forecast PBW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PBW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 35.120
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Current: 35.120
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
