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Needham Weighs In on Enphase Energy Inc (ENPH) as It Starts Shipping AC Batteries to Australia and New Zealand

In a research report released Wednesday, Needham analyst Edwin Mok reiterated a Hold rating on shares of Enphase Energy Inc (NASDAQ:ENPH), following the news that the microinverter maker is now shipping AC batteries to its customers in Australia and New Zealand. Enphase shares closed flat yesterday at $1.84.

Mok noted, “ENPH announced it has started shipping AC batteries to customers in Australia and New Zealand, noting strong demand from its...


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