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Generac price target lowered to $180 from $200 at Canaccord

Canaccord lowered the firm’s price target on Generac (GNRC) to $180 from $200 and keeps a Buy rating on the shares. The firm said they reported strong Q1 results but unfortunately guidance was tweaked lower at the midpoint. Canaccord believes Generac could prove to be resilient in the face of overall uncertainty if outage activity is strong throughout 2025.

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