tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shoals Technologies price target raised to $9 from $6 at Jefferies

Jefferies raised the firm’s price target on Shoals Technologies (SHLS) to $9 from $6 and keeps a Buy rating on the shares. Shoals is confident in strong top-line growth through 2027 and management remains confident in gross margins in a mid- to high-30s percentage, the analyst tells investors. The firm views Shoals as “poised to accelerate on a whole host of avenues,” the analyst added.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1