UBS Maintains Buy on Shoals Technologies Gr, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jon Windham maintains a Buy rating on Shoals Technologies Gr (NASDAQ:SHLS) but lowers the price target from $12 to $9.

August 07, 2024 | 4:23 pm
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UBS analyst Jon Windham maintains a Buy rating on Shoals Technologies Gr (NASDAQ:SHLS) but lowers the price target from $12 to $9.
The Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100