Shoals Technologies shares are trading higher after Goldman Sachs upgraded the stock from Neutral to Buy and raised its price target from $27 to $28.
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded Shoals Technologies' stock from Neutral to Buy and increased its price target from $27 to $28. This has resulted in a rise in the trading of Shoals Technologies shares.
October 11, 2023 | 5:03 pm
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Shoals Technologies' stock has been upgraded by Goldman Sachs from Neutral to Buy, with a raised price target from $27 to $28. This has led to an increase in the trading of the company's shares.
The upgrade of Shoals Technologies' stock by Goldman Sachs from Neutral to Buy, along with an increased price target, indicates a positive outlook for the company. This has likely boosted investor confidence, leading to increased trading of the company's shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100