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flag Shoals Technologies' shares fell to $4.08 despite Jefferies raising its price target to $4.90.

flag Shoals Technologies Group (SHLS) shares dropped to $4.08 after reporting a lower-than-expected Q2 earnings and a "Hold" rating. flag Despite this, Jefferies raised Shoals' price target to $4.90, citing reduced competition from Chinese suppliers and increased revenue forecasts for 2025 and 2026. flag However, the company faces long-term challenges from emerging competitors.

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