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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Read More on GNRC:
- Generac Holdings Reports Strong Q1 2025 Results
- Generac Holdings Q1 2025 Earnings: Growth Amid Challenges
- Generac Holdings: Strong Growth Potential and Strategic Positioning Justify Buy Rating
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