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Shoals Technologies price target lowered to $20 from $25 at Roth MKM
The Fly

Shoals Technologies price target lowered to $20 from $25 at Roth MKM

Roth MKM lowered the firm’s price target on Shoals Technologies to $20 from $25 but keeps a Buy rating on the shares. The company delivered a Q4 earnings miss and a challenged Q1 guide, though that outlook is likely due to a “transitory” industry slowdown, the analyst tells investors in a research note.

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