TD Cowen raised the firm’s price target on Generac (GNRC) to $183 from $172 and keeps a Buy rating on the shares. The fim said they posted another solid quarter as the company continued to benefit from elevated demand due to adverse weather conditions.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on GNRC:
- Generac price target lowered to $181 from $187 at Baird
- Generac Holdings Sees Strong Q3 Sales and Margin Expansion
- Stifel expects Generac shares to ‘react well’ after Q3 report
- Generac reports Q3 adjusted EPS $2.25, consensus $1.95
- Generac raises FY24 revenue growth view to 5%-9% from 4%-8%
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
