Piper Sandler Maintains Overweight on Shoals Technologies Gr, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains an Overweight rating on Shoals Technologies Gr (NASDAQ:SHLS) but lowers the price target from $16 to $14.

April 11, 2024 | 12:26 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Shoals Technologies Gr but reduces the price target from $16 to $14.
While the maintenance of an Overweight rating suggests continued confidence in the company's fundamentals, the reduction in the price target could reflect adjustments in valuation metrics or market conditions that might not necessarily imply a negative outlook but could influence short-term investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100