Barclays analyst Christine Cho initiated coverage of Generac (GNRC) with an Equal Weight rating and $189 price target Generac’s business, with its low penetration and high market share, is “attractive,” but subsequent to a run-up in the shares on the heels of an active storm season in the second half of 2024 the firm believes the stock is fairly valued at current levels, the analyst tells investors.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
