Enphase's stock keeps falling after longtime bull abandons buy call

Shares of Enphase Energy Inc. fell again on Thursday after a longtime bullish analyst recommended investors stop buying, given the uncertainty over when concerns about supply in the solar market will subside.Analyst Sophie Karp at KeyBanc Capital downgraded the stock to sector weight, after being at overweight for at least the past 16 months.“[W]e believe the timing of recovery in demand is uncertain due to a poorly quantifiable inventory glut in the channel,” Karp wrote in a note to clients. “The issue has ...