As previously reported, Guggenheim downgraded Generac (GNRC) to Neutral from Buy with a $202 price target The firm views the the stock as fairly valued, even taking into account the company’s growing exposure to the data center power backup business, the analyst tells investors.
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Read More on GNRC:
- Generac price target raised to $275 from $236 at Canaccord
- Generac price target raised to $260 from $224 at BofA
- Generac downgraded to Neutral from Buy at Guggenheim
- Generac: Temporary Weakness Overshadowed by Data Center-Driven Growth and Above-Consensus 2026 Outlook
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