Guggenheim lowered the firm’s price target on Shoals Technologies (SHLS) to $5 from $6 and keeps a Buy rating on the shares. The firm is updating its model following the earlier release of Shoals’ Q4 results, the analyst noted.
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Read More on SHLS:
- Shoals Technologies Earnings Call: Optimism Amid Challenges
- Positive Outlook on Shoals Technologies Group Amid Revenue Growth and Margin Recovery Potential
- Shoals Technologies price target lowered to $10.50 from $11 at TD Cowen
- Shoals Technologies price target lowered to $6 from $8 at Piper Sandler
- Shoals Technologies Group: Strategic Initiatives and Attractive Valuation Drive Buy Rating
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