Citi replaced First Solar (FSLR) with Generac (GNRC) as the firm’s top renewables pick heading into the Q4 reports. NuScale Power (SMR) is Citi’s least preferred name. The firm expects Generac to beat estimates and upped its outlook amid “multiple positive catalysts,” which include its datacenter backlog, quantifying capacity expansion and the winter storms. The analyst believes First Solar could guide below consensus estimates for 2026 due to lower volumes and higher costs.
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