Stock Track | Shoals Technologies Plummets 5.99% in Early Trading After Citi Slashes Price Target

Stock Track

02/26

Shoals Technologies Group's stock plummeted 5.99% in early intraday trading on Thursday, following a significant price target reduction from a major Wall Street firm.

The sharp decline came after Citi analyst Vikram Bagri lowered the firm's price target on Shoals Technologies to $8.50 from $11, representing a substantial downward revision. The analyst maintained a Neutral rating on the shares despite the reduced valuation outlook.

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