Truist Securities Reiterates Buy on Shoals Technologies Gr, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has reiterated a Buy rating on Shoals Technologies Gr (NASDAQ:SHLS) but has lowered the price target from $12 to $10.
August 07, 2024 | 1:21 pm
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NEUTRAL IMPACT
Truist Securities has reiterated a Buy rating on Shoals Technologies Gr but lowered the price target from $12 to $10.
The reiteration of the Buy rating is positive, but the lowered price target may indicate some concerns about the company's short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100