Citi analyst Vikram Bagri lowered the firm’s price target on Shoals Technologies (SHLS) to $8.50 from $11 and keeps a Neutral rating on the shares. The firm leans bullish on the shares post the earnings report but sees a lack of catalysts for the shares over the short term.
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Read More on SHLS:
- Shoals Technologies price target raised to $8 from $7 at Mizuho
- Shoals Technologies price target lowered to $11 from $12 at UBS
- Shoals Technologies price target lowered to $11 from $12 at Guggenheim
- Shoals Technologies price target lowered to $9 from $10 at Barclays
- Shoals Technologies upgraded to Neutral from Underperform at BNP Paribas