UPDATE: Canaccord Genuity Initiates Generac Holdings at Buy on Resilient Growth Profile

Loading...
Loading...
Canaccord Genuity initiated its coverage on Generac Holdings
GNRC
with a Buy rating and a price target of $28. Canaccord Genuity noted, "The company has best-in-class organic growth (~15% CAGR last decade despite downturn in housing), with extreme weather events and power grid strain driving increased awareness. The company's differentiated engine technology, scale and focus on lean manufacturing are key advantages, in our view." Generac Holdings closed at $22.89 on Tuesday.
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorInitiationPre-Market OutlookAnalyst RatingsCanaccord Genuity
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...