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.”
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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