Financial giants have shown a significant bearish trend on Enphase Energy (NASDAQ: ENPH) through unusual options trades, with 54% of traders expressing bearish sentiments compared to 9% bullish. Analysis of volumes and open interest indicates big players are eyeing a price range of $25.0 to $60.0 for the stock, while current market standing shows ENPH down by 4.52% at $47.98. Professional analysts have set an average price target of $47.0, with ratings ranging from Underweight to Outperform.
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Decoding Enphase Energy's Options Activity: What's the Big Picture?
Financial giants have shown a significant bearish trend on Enphase Energy (NASDAQ: ENPH) through unusual options trades, with 54% of traders expressing bearish sentiments compared to 9% bullish. Analysis of volumes and open interest indicates big players are eyeing a price range of $25.0 to $60.0 for the stock, while current market standing shows ENPH down by 4.52% at $47.98. Professional analysts have set an average price target of $47.0, with ratings ranging from Underweight to Outperform.