Citi upgraded Generac (GNRC) to Buy from Neutral with a $138 price target The company is well positioned to defend margins with upside from above average hurricane season, the analyst tells investors in a research note. The firm says Generac successfully navigated tariffs under President Trump’s first term and maintains a higher domestic exposure than its competitors, which provides pricing power. The stock presents attractive risk/reward even assuming below guidance margins and lower than historical target multiples, contends Citi.
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