TD Cowen lowered the firm’s price target on Generac (GNRC) to $155 from $173 and keeps a Buy rating on the shares. The firm said they delivered a strong 1Q driven by home standby generator sales. 2025 guide remains largely intact with current tariff impact expected to be offset by price increases, though the lower ends of the ranges were revised down to reflect potential demand destruction related to pricing and macro.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GNRC:
- Generac price target lowered to $164 from $188 at Barclays
- Generac price target lowered to $127 from $171 at Baird
- Generac price target lowered to $174 from $177 at BofA
- Generac Holdings: Resilient Growth Potential Amid Economic Uncertainties
- Generac price target lowered to $180 from $200 at Canaccord
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue