Wall Street Analysts Believe Shoals Technologies (SHLS) Could Rally 95.17%: Here's is How to Trade
SHLSShoals Technologies (SHLS) ZACKS·2024-07-19 22:56

Shares of Shoals Technologies Group (SHLS) have gained 0.8% over the past four weeks to close the last trading session at 6.63,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof6.63, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 12.94 indicates a potential upside of 95.2%.The mean estimate comprises 18 short-term price targets with a standard deviation of 4.96.Whilethelowestestimateof4.96. While the lowest estimate of 5 indicates a 24.6% decline from the ...