Shoals Technologies Group, Inc. (SHLS) Reports In-Line Q2 EPS, Offers Guidance

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Shoals Technologies Group (SHLS) PT Raised to $29 at Cowen

August 16, 2022 6:38 AM EDT

Cowen analyst Jeffrey Osborne raised the price target on Shoals Technologies Group (NASDAQ: SHLS) to $29.00 (from $20.00) while maintaining an Outperform rating on reiterated '22 guidance.

The analyst commented, "Shoal's reaffirmed FY22 guidance and noted that through its bottom-up analysis it... More