DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Shoals

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Go back to DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Shoals

Northland Downgrades Shoals (SHLS) to Underperform, 'Q1 Miss, Revised Guidance Amidst Delays and Headwinds; CC&I Sub Sector In Focus'

May 8, 2024 8:05 AM EDT

Northland analyst Donovan Schafer downgraded Shoals Technologies Group (NASDAQ: SHLS) from Market Perform to Underperform with a price target of $6.00 (from $12.00).

The analyst comments "SHLS delivered a Q1 miss, weak Q2 guide, and lowered 2024 guidance. Project delays continued to impact financials, and... More