Form 8-K Shoals Technologies Grou For: May 16

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Shoals Technologies Group (SHLS) PT Lowered to $20 at Roth Capital

May 17, 2022 12:18 PM EDT

Roth Capital analyst Philip Shen lowered the price target on Shoals Technologies Group (NASDAQ: SHLS) to $20.00 (from $37.00) while maintaining a Buy rating following earnings.

The analyst commented, "SHLS delivered a substantial Q1'22 margin beat and sees margin strength through 2022. Moreover, while the company... More