Truist Securities Upgrades Generac Hldgs to Buy, Announces $160 Price Target
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Jordan Levy has upgraded Generac Hldgs (NYSE:GNRC) from Hold to Buy and set a price target of $160.
August 04, 2023 | 2:56 pm
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Generac Hldgs has been upgraded from Hold to Buy by Truist Securities, with a new price target of $160.
The upgrade from Hold to Buy by Truist Securities indicates a positive outlook for Generac Hldgs. The new price target of $160 suggests that the analyst expects the stock to rise in the short term. This could potentially lead to an increase in the stock's price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100