Barclays lowered the firm’s price target on Shoals Technologies to $10 from $12 and keeps an Equal Weight rating on the shares. Heading into earnings, the firm says conversations with investors have centered around the binary outcomes of the pending ITC case and what the future looks like in both scenarios.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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>>
Read More on SHLS:
- Shoals Technologies price target raised to $23 from $21 at JPMorgan
- Shoals Technologies Group, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call
- Shoals Technologies price target lowered to $13 from $15 at RBC Capital
- Buy/Sell: Wall Street’s top 10 stock calls this week
- PayPal upgraded, Crowdstrike downgraded: Wall Street’s top analyst calls