Piper Sandler Maintains Overweight on Shoals Technologies Gr, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains an Overweight rating on Shoals Technologies Group (SHLS) but lowers the price target from $14 to $11.

May 08, 2024 | 3:58 pm
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NEGATIVE IMPACT
Piper Sandler maintains an Overweight rating on Shoals Technologies Group but reduces the price target from $14 to $11.
The reduction in the price target by Piper Sandler, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in SHLS's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100