Shoals Technologies Group Inc Ordinary Shares - Class A
SHLS: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$2.00 | Qgzrl | Bzxwxglw |
Shoals: Appointed New CEO, Announced Commercial Agreement; Maintaining $20 Fair Value Estimate
We maintain our $20 fair value estimate for no-moat Shoals after it announced the appointment of a new CEO as well as a large commercial agreement. We view shares as overvalued.