Cantor Fitzgerald Reiterates Overweight on Shoals Technologies Gr, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Derek Soderberg has reiterated an Overweight rating on Shoals Technologies Group (SHLS) and maintained a $24 price target.

March 13, 2024 | 4:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Cantor Fitzgerald maintains an Overweight rating and a $24 price target on Shoals Technologies Group.
The reiteration of an Overweight rating and maintenance of a $24 price target by a reputable analyst like Derek Soderberg from Cantor Fitzgerald could instill confidence among investors and potentially lead to a positive short-term impact on SHLS's stock price. Analyst ratings and price targets are significant indicators for investors, often influencing stock prices especially when they come from well-regarded financial institutions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100