Mizuho Maintains Buy on Shoals Technologies Gr, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi has reaffirmed a Buy rating on Shoals Technologies Group (NASDAQ:SHLS) and increased the price target from $18 to $19.
January 03, 2024 | 6:58 pm
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Mizuho analyst Maheep Mandloi maintains a Buy rating on Shoals Technologies Group and raises the price target from $18 to $19, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
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