TD Cowen lowered the firm’s price target on Shoals Technologies (SHLS) to $10.50 from $11 and keeps a Buy rating on the shares. The firm noted bookings rebounded and guidance is back end loaded but brackets consensus.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHLS:
- Shoals Technologies price target lowered to $6 from $8 at Piper Sandler
- Shoals Technologies Group: Strategic Initiatives and Attractive Valuation Drive Buy Rating
- Shoals Technologies Group Reports Q4 2024 Earnings
- Shoals Technologies reports Q4 adjusted EPS 8c, consensus 10c
- Shoals Technologies sees Q1 revenue $70M-$80M, consensus $99.01M