tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shoals Technologies upgraded to Buy from Neutral at Roth Capital

Roth Capital upgraded Shoals Technologies (SHLS) to Buy from Neutral with a price target of $10, up from $5. The company reported a Q2 beat with an increased outlook and showed strong bookings and backlog, the analyst tells investors in a research note. The firm sees post-earnings selloff as buying opportunity given the company’s premium product, over 50% market share and growth visibility. Roth views current share levels as an attractive entry point.

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