Mizuho raised the firm’s price target on Shoals Technologies (SHLS) to $8 from $7 and keeps a Neutral rating on the shares. The company’s sales continue to beat, but its margins declined to 31.6% in Q4 owing to tariffs, legal expense and logistic costs, the analyst tells investors in a research note.
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Read More on SHLS:
- Shoals Technologies price target lowered to $11 from $12 at Guggenheim
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