Forecasting The Future: 18 Analyst Projections For Shoals Technologies Gr
Portfolio Pulse from Benzinga Insights
In the past three months, 18 analysts have provided ratings for Shoals Technologies Gr (NASDAQ:SHLS), with a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 16.6% to $10.25. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Shoals Technologies Gr faces revenue challenges but maintains strong profitability and financial health.
October 03, 2024 | 6:00 pm
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NEGATIVE IMPACT
Shoals Technologies Gr has received mixed analyst ratings, with a decrease in the average price target to $10.25, reflecting a 16.6% drop. The company faces revenue challenges but maintains strong profitability and financial health.
The decrease in the average price target and mixed analyst ratings suggest a negative short-term outlook for Shoals Technologies Gr. The company's revenue challenges contribute to this sentiment, although its strong profitability and financial health provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100