Why Did Enphase (ENPH) & SolarEdge (SEDG) Get Upgraded with Higher Price Targets?

During The After-Hour Show, we talked about why Enphase Energy and SolarEdge got upgraded. Wells Fargo finally joined the party by initiating coverage on Enphase Energy (ENPH) and SolarEdge (SEDG). They gave Enphase Energy (ENPH) an overweight rating and a $314/share price target representing a 25% upside and SolarEdge (SEDG) also got an overweight rating and a $441/share price target representing a 26% upside. Both are poised to benefit from a number of long-term tailwinds for the solar market.

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