Piper Sandler Maintains Overweight on Shoals Technologies Gr, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains an Overweight rating on Shoals Technologies Group (NASDAQ:SHLS) and raises the price target from $8 to $10.
September 10, 2024 | 2:29 pm
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Piper Sandler has increased the price target for Shoals Technologies Group from $8 to $10, maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $8 to $10 by Piper Sandler, along with maintaining an Overweight rating, indicates a positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in SHLS stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100