Canaccord lowered the firm’s price target on Generac (GNRC) to $236 from $240 and keeps a Buy rating on the shares. The firm said acalm end to the hurricane season spared U.S. residents but likely impacted demand for Generac’s residential business. Accordingly, we are slightly lowering their estimates ahead of earnings.
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Read More on GNRC:
- Generac upgraded to Outperform from Neutral at Baird
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