Generac price target lowered to $164 from $188 at Barclays

Barclays analyst Christine Cho lowered the firm’s price target on Generac (GNRC) to $164 from $188 and keeps an Equal Weight rating on the shares following the Q1 report. The quarter was a solid beat while the hit from tariffs was smaller than expected and will partially be offset with higher pricing, the analyst tells investors in a research note. The firm says that while downward revision to the fiscal 2025 guidance was lower than anticipated, there is still risk to second half estimates as it implies year-over-year increases for Home Standby in the second half of the year, “which are tough comps.”