Decoding 6 Analyst Evaluations For Shoals Technologies Gr
Portfolio Pulse from Benzinga Insights
In the last three months, 6 analysts have published ratings on Shoals Technologies Gr (NASDAQ:SHLS), with a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 24.51% to $11.83. Analysts have recently lowered their price targets, reflecting a cautious outlook on the company's future performance.
August 07, 2024 | 12:01 pm
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Shoals Technologies Gr (NASDAQ:SHLS) has received mixed analyst ratings over the past three months, with a notable decrease in the average 12-month price target by 24.51% to $11.83. Recent analyst actions include several downgrades in price targets, indicating a cautious outlook on the company's future performance.
The decrease in the average 12-month price target by 24.51% and multiple downgrades in price targets by analysts suggest a cautious outlook on Shoals Technologies Gr's future performance. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100