Read How Analysts Reacted To Generac's Q4 Results

  • Analysts updated the price target for Generac Holdings Inc. GNRC post Q4 results.
  • Canaccord analyst Jed Dorsheimer lowered the price target to $556 from $575 and maintained a Buy rating on the shares.
  • The analyst believes margin pressures from the supply chain, logistics, and inflation will peak in 1Q22 and subsequently succumb to the power of the energy resiliency revolution.
  • Dorsheimer says that Generac should be a core holding, and given the recent pull-back in the stock, we encourage investors to start or add to positions.
  • Related: Generac Stock Gains On Q4 Earnings Beat
  • Baird analyst Michael Halloran lowered the price target to $400 from $471 and maintained an Outperform rating on the shares.
  • The implied guide is 2H weighted, but he is comfortable with the achievability of the capacity ramp, which indicates a healthy sequential trajectory through the year and into 2023.
  • Credit Suisse analyst Maheep Mandloi raised the price target to $456 (an upside of 47%) from $451 and maintained an Outperform rating on the shares following quarterly results.
  • The analyst states Generac introduced 2022 revenue growth guidance better-than-expected.
  • Citi analyst J.B. Lowe raised the price target to $380 (an upside of 22.7%) from $375 and maintained a Buy rating on the shares post the Q4 results.
  • Lowe mentions that the Q1 was guided down, but margins are set to rebound.
  • Keybanc analyst Jeffrey Hammond lowered the price target to $435 (an upside of 40%) from $500 and maintained an Overweight rating on the shares.
  • Also read: Here's How Much $100 Invested In Generac Hldgs 5 Years Ago Would Be Worth Today.
  • Price Action: GNRC shares are trading lower by 2.08% at $309.85 on the last check Thursday.
Loading...
Loading...
GNRC Logo
GNRCGenerac Holdings Inc
$127.341.45%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
23.56
Growth
99.46
Quality
83.86
Value
18.79
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Comments
Loading...