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.
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