Truist Securities Maintains Buy on Shoals Technologies Gr, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a 'Buy' rating on Shoals Technologies Gr (NASDAQ:SHLS), but lowered the price target from $25 to $23.
November 09, 2023 | 9:47 pm
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NEUTRAL IMPACT
Shoals Technologies Gr's price target has been lowered from $25 to $23 by Truist Securities, though the 'Buy' rating is maintained.
The news directly pertains to Shoals Technologies Gr as the company's price target has been lowered by Truist Securities. However, the 'Buy' rating is maintained which indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100