Citigroup Maintains Buy on Shoals Technologies Gr, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri maintains a 'Buy' rating on Shoals Technologies Gr (NASDAQ:SHLS) but has lowered the price target from $34 to $26.
October 18, 2023 | 3:43 pm
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Citigroup has maintained a 'Buy' rating on Shoals Technologies Gr but lowered the price target from $34 to $26.
The news is directly related to Shoals Technologies Gr (SHLS). While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential downside in the short term. However, the impact on the stock price is uncertain as the 'Buy' rating might still attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100