Enphase Energy Inc

ENPH: XNAS (USA)
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Final Tax Bill Better Than Feared for Solar, and Offers Potential Green Shoots; Raising Fair Values

On July 3, the US House narrowly passed the budget reconciliation bill, which is expected to be signed by President Trump. The final bill includes changes to current renewable energy incentives, but is more favorable than earlier drafts, sending shares of solar stocks higher by 5%-15%.

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