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Shoals Technologies price target lowered to $11 from $12 at Guggenheim

Guggenheim analyst Joseph Osha lowered the firm’s price target on Shoals Technologies (SHLS) to $11 from $12 and keeps a Buy rating on the shares. While the firm updated estimates following the company’s Q4 report, its initial reaction is that it thinks the market is “overreacting,” the analyst tells investors.

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