UBS Maintains Buy on Shoals Technologies Gr, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jon Windham maintains a Buy rating on Shoals Technologies Gr (NASDAQ:SHLS) but lowers the price target from $28 to $20.

March 01, 2024 | 4:54 pm
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NEUTRAL IMPACT
UBS maintains a Buy rating on Shoals Technologies Gr but lowers the price target from $28 to $20.
While the maintenance of a Buy rating by UBS suggests continued confidence in Shoals Technologies Gr's fundamentals, the reduction in the price target from $28 to $20 could signal a reassessment of the company's near-term growth prospects or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially causing volatility in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100