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JP Morgan cuts price targets on Enphase, Fervo, Exelon and Eversource

JP Morgan lowered price targets on four energy-sector companies at once: Enphase Energy, Fervo Energy, Exelon and Eversource. Reported by Dow Jones Newswires.

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what happened

According to Dow Jones Newswires, citing Benzinga, JP Morgan reduced its price target on Enphase Energy shares to $35 from $40.

The same bank lowered its target on Fervo Energy to $27 from $38 while keeping an Overweight rating. For Exelon, the target was trimmed to $46 from $47, and for Eversource Energy to $68 from $73.

All four decisions apply to individual companies in the energy and power sectors rather than to the market as a whole.

why it matters

Adjustments like these usually reflect a revised view of specific stocks and do not change the broader picture for the sector. For investors in solar, geothermal generation and regulated power grids, they show how a major bank now values each company's outlook. They contain no trading recommendations.

tags

Analyst RatingStockUnited States

instruments

ENPHFRVOEXCES

sources

  1. Enphase Energy Price Target Cut to $35.00/Share From $40.00 by JP Morgan — Dow Jones Newswires, 19 October 2026 at 20:19 UTC
  2. Fervo Energy Price Target Cut to $27.00/Share From $38.00 by JP Morgan — Dow Jones Newswires, 19 October 2026 at 20:27 UTC
  3. Exelon Price Target Cut to $46.00/Share From $47.00 by JP Morgan — Dow Jones Newswires, 19 October 2026 at 20:24 UTC
  4. Eversource Energy Price Target Cut to $68.00/Share From $73.00 by JP Morgan — Dow Jones Newswires, 19 October 2026 at 20:23 UTC
  5. Nextpower Price Target Cut to $136.00/Share From $152.00 by JP Morgan — Dow Jones Newswires, 19 October 2026 at 20:41 UTC
  6. SOLV Energy Price Target Cut to $34.00/Share From $43.00 by JP Morgan — Dow Jones Newswires, 19 October 2026 at 20:49 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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