Generac price target raised to $325 from $300 at Canaccord

Canaccord raised the firm’s price target on Generac (GNRC) to $325 from $300 and keeps a Buy rating on the shares. The firm said 1Q26 results landed on solid ground, but the real movement is in the revised outlook. Management nudged revenue guidance up to the mid-to-high teens, moving past the previous mid-teens forecast. The primary driver is the C&I segment, where growth expectations have been raised to the mid-to-high 20% range.