Shoals Technologies Group Inc. (SHLS) shares have surpassed the average analyst 12-month target price of $23.82, trading at $26.62. This notable price shift prompts analysts to reassess their target prices, with one analyst suggesting a target as high as $40.00, and another as low as $16.00. Current data shows a standard deviation of $7.263 among the analysts’ targets.
As of now, there are six strong buy ratings, five hold ratings, and no sell ratings among analysts covering SHLS, leading to an average rating of 1.91 on a scale of 1 (Strong Buy) to 5 (Strong Sell). This reflects a slight change from the previous month, where the average was 1.6.
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