Guggenheim lowered the firm’s price target on Shoals Technologies (SHLS) to $7 from $8 and keeps a Buy rating on the shares. The firm believes the company should see “solid” year-over-year improvement next year, but also notes that consensus estimates “look a little high.”
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHLS:
- Shoals Technologies participates in a conference call with Truist
- Shoals Technologies price target lowered to $7 from $8 at Morgan Stanley
- Shoals Technologies participates in a conference call with Jefferies
- Shoals Technologies price target raised to $11 from $9.50 at TD Cowen
- Shoals Technologies price target lowered to $5 from $7 at Barclays