Northland Capital Markets Downgrades Shoals Technologies Gr to Market Perform, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has downgraded Shoals Technologies Gr (NASDAQ:SHLS) from Outperform to Market Perform and lowered the price target from $26 to $18.
October 05, 2023 | 2:34 pm
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Shoals Technologies Gr has been downgraded by Northland Capital Markets from Outperform to Market Perform, with a lowered price target from $26 to $18.
The downgrade from Outperform to Market Perform by Northland Capital Markets, along with a significant reduction in the price target, indicates a less optimistic outlook for the company. This could potentially lead to a decrease in the stock price in the short term.
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