Barclays raised the firm’s price target on Generac (GNRC) to $197 from $188 and keeps an Equal Weight rating on the shares. The company missed estimates and lowered its guidance but data center demand is picking up, the analyst tells investors in a research note.
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Read More on GNRC:
- Generac price target raised to $236 from $221 at BofA
- Generac price target lowered to $215 from $220 at UBS
- Generac price target raised to $184 from $178 at Roth Capital
- Generac Holdings: Buy Rating Amid Data Center Growth and Strategic Initiatives Despite Short-term Challenges
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