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Analysts Offer Insights on Technology Companies: Nextpower Inc (NXT) and Enphase Energy (ENPH)

Tipranks - Fri Apr 10, 8:04AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Nextpower Inc (NXT) and Enphase Energy (ENPH).

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Nextpower Inc (NXT)

Deutsche Bank analyst Corinne Blanchard maintained a Buy rating on Nextpower Inc today and set a price target of $129.00. The company’s shares closed last Wednesday at $116.41.

According to TipRanks.com, Blanchard is ranked 0 out of 5 stars with an average return of -9.1% and a 30.0% success rate. Blanchard covers the Basic Materials sector, focusing on stocks such as Sociedad Quimica Y Minera SA, Lithium Americas Corp., and Lithium Argentina. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nextpower Inc with a $125.46 average price target, implying a 7.5% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also upgraded the stock to Buy with a $129.00 price target.

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Enphase Energy (ENPH)

In a report released today, Charles Minervino from Susquehanna maintained a Hold rating on Enphase Energy, with a price target of $36.00. The company’s shares closed last Wednesday at $32.56.

According to TipRanks.com, Minervino is a 5-star analyst with an average return of 14.3% and a 61.3% success rate. Minervino covers the NA sector, focusing on stocks such as Oil States International, Occidental Petroleum, and Baker Hughes Company. ;'>

Currently, the analyst consensus on Enphase Energy is a Moderate Buy with an average price target of $44.04, a 29.6% upside from current levels. In a report issued on March 25, TipRanks – PerPlexity also downgraded the stock to Hold with a $43.00 price target.

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