JP Morgan Maintains Overweight on Shoals Technologies Gr, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Overweight rating on Shoals Technologies Gr (NASDAQ:SHLS) but lowers the price target from $23 to $19.

August 07, 2024 | 6:20 pm
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JP Morgan analyst Mark Strouse maintains an Overweight rating on Shoals Technologies Gr (NASDAQ:SHLS) but lowers the price target from $23 to $19.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
RELEVANCE 100