Roth Capital analyst Philip Shen lowered the firm’s price target on Shoals Technologies (SHLS) to $10 from $15 and keeps a Buy rating on the shares following the company’s “big” Q4 margin miss and establishment of a new lower margin range of low-to-mid 30s percent vs. a prior of mid-to-high 30s percent view. The firm is lowering its 2026 and 2027 estimates on the revised margin outlook.
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