Generac price target lowered to $122 from $162 at Roth Capital

Roth Capital analyst Chip Moore lowered the firm’s price target on Generac (GNRC) to $122 from $162 and keeps a Neutral rating on the shares ahead of its Q1 results next week. The company’s core standby outlook remains healthy, though the firm is looking for better visibility on C&I – commercial and industrial – and the clean energy portfolio to get more aggressive, the analyst tells investors in a research note.