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.”
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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
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- Shoals Technologies price target raised to $11 from $9.50 at TD Cowen
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