Generac Stock Gains as BofA Points to Growing Demand for Backup Power [Yahoo! Finance]
Generac Holdlings Inc. (GNRC)
Last generac holdlings inc. earnings: 4/30 06:00 am
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Source: Yahoo! Finance
The bank restarted coverage of Generac with a "buy" rating and a price target implying over 30% upside. The market for generators is also expanding to include more Gen X and older millennial customers, the analysts said. Generac ( GNRC ) shares gained Monday as Bank of America said the home generator maker could see growing demand for backup power amid concerns about severe weather disasters. Generac stands to “benefit from worsening grid reliability and increasingly severe weather disasters,” the bank said Monday. BofA noted billion-dollar weather events now occur roughly 23 times a year, nearly double the rate seen in the 2010s. BofA issued a "buy" rating and a price target of $182 for the stock, implying over 30% upside a
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GNRC
News
- Generac Recognized for Excellence in Design with 2024 GOOD DESIGN AwardsPR Newswire
- Generac Holdings Inc. (NYSE: GNRC) is now covered by analysts at Bank of America Co.. They set a "buy" rating and a $182.00 price target on the stock.MarketBeat
- Bank of America says this under-the-radar Baby Boomer and energy tech play has 40% upside [CNBC]CNBC
- Generac upgraded at Guggenheim on current valuation [Seeking Alpha]Seeking Alpha
- Generac Holdings Inc. (NYSE: GNRC) was upgraded by analysts at Guggenheim from a "sell" rating to a "neutral" rating.MarketBeat
GNRC
Earnings
- 2/12/25 - Beat
GNRC
Sec Filings
- 3/4/25 - Form 4
- 3/4/25 - Form 4
- 3/4/25 - Form 4
- GNRC's page on the SEC website