Guggenheim Maintains Buy Rating for Generac Hldgs: Here's What You Need To Know

Guggenheim Maintains Buy Rating for Generac Hldgs: Here's What You Need To Know

Guggenheim has decided to maintain its Buy rating of Generac Hldgs GNRC and lower its price target from $561.00 to $455.00.

Shares of Generac Hldgs are trading down 1.01% over the last 24 hours, at $237.50 per share.

A move to $455.00 would account for a 91.58% increase from the current share price.

About Generac Hldgs

Generac Power Systems designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-AAR-UPDATEAnalyst Ratings