Mizuho Initiates Coverage On Shoals Technologies Gr with Buy Rating, Announces Price Target of $18
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has initiated coverage on Shoals Technologies Group (NASDAQ:SHLS) with a Buy rating and set a price target of $18.

November 21, 2023 | 9:36 am
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Shoals Technologies Group has been given a Buy rating by Mizuho with a price target of $18, indicating a positive outlook from the analyst.
Analyst ratings, especially from reputable firms like Mizuho, can significantly influence investor sentiment and stock prices in the short term. A Buy rating combined with a price target that suggests upside potential is likely to be viewed positively by the market, potentially leading to a short-term increase in SHLS's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100