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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100