Exane BNP Paribas Initiates Coverage On Shoals Technologies Gr with Outperform Rating, Announces Price Target of $33
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Moses Sutton has initiated coverage on Shoals Technologies Gr (NASDAQ:SHLS) with an Outperform rating and a price target of $33.
October 20, 2023 | 10:47 am
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Shoals Technologies Gr (NASDAQ:SHLS) has been initiated with an Outperform rating and a price target of $33 by Exane BNP Paribas.
The Outperform rating from Exane BNP Paribas indicates that the analyst believes Shoals Technologies Gr will do better than the market average. This positive outlook, combined with a price target of $33, suggests that the analyst expects the stock price to rise in the short term. This could potentially lead to an increase in the stock's price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100