Mizuho Maintains Buy on Shoals Technologies Gr, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi maintains a Buy rating on Shoals Technologies Group (SHLS) but lowers the price target from $18 to $16.

April 19, 2024 | 5:34 pm
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NEUTRAL IMPACT
Mizuho maintains a Buy rating on Shoals Technologies Group but lowers the price target from $18 to $16.
While the reduction in price target could suggest a tempered outlook on the stock's short-term price potential, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals. This mixed signal could lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the analyst's ongoing endorsement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100