Piper Sandler has decided to maintain its Overweight rating of Generac Hldgs GNRC and lower its price target from $305.00 to $210.00.
Shares of Generac Hldgs are trading up 7.75% over the last 24 hours, at $147.56 per share.
A move to $210.00 would account for a 42.32% 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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