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Enphase Energy Inc (NASDAQ:ENPH) shares are trading lower Wednesday after the company reported worse-than-expected financial results for the third quarter. The selloff has accelerated Wednesday morning as multiple analyst firms downgraded or slashed price targets on the stock. Q3 Revenue: $380.9 million, versus estimates of $391.979 millionQ3 EPS: 65 cents, versus estimates of 77 centsU.S. revenue was up approximately 43% on a quarter-over-quarter basis due to higher shipments to distributors. Meanwhile, revenues in Europe fell approximately 15% quarter-over-quarter, driven by a “further softe…

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