Workflow
Jefferies Raises Price Target for Shoals Technologies Group, Inc. (SHLS) as BESS Business Surges

Shoals Technologies Group, Inc. (NASDAQ:SHLS) is among the most undervalued solar stocks to buy now. Jefferies has reiterated its ‘Buy’ rating on Shoals Technologies Group, Inc. (NASDAQ:SHLS), while raising the price target to 9.00from9.00 from 6.00, reflecting a surge of nearly 30.63% from the current price. This confidence in the company’s operations is fueled by the growing popularity of the battery energy storage systems (BESS) business, enhanced performance from its core OEM segment, and expansion into Aus ...