Shoals Technologies Group (SHLS) PT Lowered to $7 at Morgan Stanley

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Shoals Technologies Group (SHLS) PT Lowered to $5 at Jefferies

November 15, 2024 12:25 PM EST

Jefferies analyst Julian Dumoulin-Smith lowered the price target on Shoals Technologies Group (NASDAQ: SHLS) to $5.00 (from $6.00) while maintaining a Hold rating.

The analyst comments "We maintain our Hold but stress improving backdrop, as 3Q backlog commentary appears to provide a floor... More