Analyst Expectations for Shoals Technologies Gr's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Shoals Technologies Gr (NASDAQ:SHLS) in the last quarter, with 2 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average 12-month price target for the company is $29.5, an increase of 18.0% over the past month.
September 05, 2023 | 4:00 pm
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NEUTRAL IMPACT
Mixed analyst ratings and an increased price target could lead to volatility in the short term for Shoals Technologies Gr.
The mixed analyst ratings indicate uncertainty about the company's future performance. The increased price target suggests that some analysts are optimistic about the company's prospects, which could attract investors and potentially drive the stock price up. However, the presence of somewhat bearish ratings could also deter some investors, potentially leading to volatility in the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100