Morgan Stanley lowered the firm’s price target on Shoals Technologies to $22 from $28 and keeps an Equal Weight rating on the shares. The firm has updated its models and clean tech price targets following what it calls a “rocky” Q2 earnings season that featured significant guidance revisions and respective market reactions across its coverage.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SHLS:
- Shoals Technologies upgraded to Overweight from Neutral at Cantor Fitzgerald
- Shoals Technologies selloff ‘makes little sense,’ says Northland
- Shoals Technologies sees FY23 revenue $480M-$510M, consensus $500.06M
- Shoals Technologies reports Q2 adjusted EPS 14c, consensus 13c
- Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2023
Questions or Comments about the article? Write to editor@tipranks.com