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Shoals Technologies price target lowered to $18 from $19 at Mizuho
The Fly

Shoals Technologies price target lowered to $18 from $19 at Mizuho

Mizuho lowered the firm’s price target on Shoals Technologies to $18 from $19 and keeps a Buy rating on the shares. The company reported in line Q4 results but the fiscal 2024 guidance missed growth expectations, the analyst tells investors in a research note. The firm says customers are pushing out project schedules on supply chain delays.

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