Truist Securities Maintains Hold on Generac Hldgs, Raises Price Target to $160
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Jordan Levy maintains a 'Hold' rating on Generac Hldgs (NYSE:GNRC) and raises the price target from $125 to $160.
August 04, 2023 | 11:42 am
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Generac Hldgs' price target has been raised from $125 to $160 by Truist Securities, while maintaining a 'Hold' rating.
The raised price target indicates that the analyst sees potential for the stock's price to increase. However, the 'Hold' rating suggests that they do not recommend buying more of the stock at this time. This could lead to a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100