Barclays Maintains Underweight on Shoals Technologies Gr, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho maintains an Underweight rating on Shoals Technologies Gr (NASDAQ:SHLS) and raises the price target from $19 to $20.

August 04, 2023 | 3:59 pm
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Barclays maintains an Underweight rating on Shoals Technologies Gr, but raises the price target from $19 to $20.
While the Underweight rating suggests that Barclays expects SHLS to underperform the market, the raised price target indicates a slightly more positive outlook. However, the impact on the stock price is uncertain as the two signals are somewhat contradictory.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100