Morgan Stanley Maintains Equal-Weight on Shoals Technologies Gr, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Biggar has maintained an Equal-Weight rating on Shoals Technologies Gr (NASDAQ:SHLS) and lowered the price target from $29 to $28.
July 17, 2023 | 2:39 pm
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Morgan Stanley has maintained an Equal-Weight rating on Shoals Technologies Gr and lowered the price target from $29 to $28.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Shoals Technologies Gr in the short term. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, which may not attract new investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100