Investing.com -- Barclays upgraded Shoals Technologies to Overweight from Equal Weight and raised its price target to $10 from $7, citing growth opportunities in battery energy storage systems (BESS) and data centers. The brokerage said Shoals’ entry into these markets could become the fastest-growing segment over the next five years. Shoals plans to sell new BESS solutions through existing utility-scale solar customers, direct data center sales, and co-engineered offerings with battery integrators. The firm highlighted that growing data center power demand and stress on the electric grid could accelerate adoption of Shoals’ storage solutions, potentially easing grid expansion needs and increasing interconnection speed for large-scale energy users. Related articlesBarclays upgrades Shoals Technologies on battery storage and data center demandHumana stock rises after Medicare star ratings updateBarclays downgrades Array Technologies on weak growth outlook, margin strain