Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2023

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Shoals Technologies Group (SHLS) PT Lowered to $18 at Mizuho, 'Solar project delays make for flattish FY24'

February 29, 2024 5:19 AM EST

Mizuho analyst Maheep Mandloi lowered the price target on Shoals Technologies Group (NASDAQ: SHLS) to $18.00 (from $19.00) while maintaining a Buy rating.

The analyst comments "Shoals reported Q4 in line with guidance and estimate, but FY24 guidance missed growth expectations. Revenue growth... More