Canaccord raised the firm’s price target on Generac (GNRC) to $275 from $236 and keeps a Buy rating on the shares. The firm believes it is time fro a re-rating of the stock as the company gave robust 2026 guidance based on a swelling data center opportunity. And investors have optionality in its clean energy business with improving margins and long-term tailwinds from electrification and smart home.
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Read More on GNRC:
- Generac price target raised to $260 from $224 at BofA
- Generac downgraded to Neutral from Buy at Guggenheim
- Generac: Temporary Weakness Overshadowed by Data Center-Driven Growth and Above-Consensus 2026 Outlook
- Early notable gainers among liquid option names on February 11th
- Generac up 6% at $194 in pre-market after Q4 results, above-consensus guidance