Barclays Maintains Equal-Weight on Shoals Technologies Gr, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho maintains an Equal-Weight rating on Shoals Technologies Gr (NASDAQ:SHLS) but lowers the price target from $10 to $7.

August 08, 2024 | 6:42 pm
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Barclays analyst Christine Cho maintains an Equal-Weight rating on Shoals Technologies Gr (NASDAQ:SHLS) but lowers the price target from $10 to $7.
The lowered price target from $10 to $7 by Barclays suggests a less optimistic outlook for Shoals Technologies Gr. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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