Citigroup Upgrades Shoals Technologies Gr to Neutral, Raises Price Target to $5.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri has upgraded Shoals Technologies Gr (NASDAQ:SHLS) from Sell to Neutral and increased the price target from $5 to $5.5.
October 03, 2024 | 2:10 pm
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Citigroup has upgraded Shoals Technologies Gr from Sell to Neutral and raised the price target to $5.5, indicating a more positive outlook.
The upgrade from Sell to Neutral by Citigroup suggests a more favorable view of Shoals Technologies Gr, which could lead to increased investor confidence and a potential rise in stock price. The raised price target further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100