Morgan Stanley Maintains Equal-Weight on Shoals Technologies Gr, Lowers Price Target to $21
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 $22 to $21.
October 17, 2023 | 2:38 pm
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Morgan Stanley has maintained an Equal-Weight rating on Shoals Technologies Gr and lowered the price target from $22 to $21.
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. This is because the new price target suggests that the analyst believes the stock is currently overvalued.
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