Shoals Technologies Group stock will enter the Thursday trading session on a high, after a high-profile analyst upped its price target for the shares.

Shoals stock (Nasdaq: SHLS) concluded the day priced at $11.50, up 6.88 percent (an increase of $0.74 per share). Volume was heavy as about 7.59 million shares traded vs. a daily average of 5.85 million, according to Yahoo Finance.