JP Morgan Maintains Overweight on Generac Hldgs, Lowers Price Target to $164
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has maintained an Overweight rating on Generac Hldgs (NYSE:GNRC) but lowered the price target from $179 to $164.
October 19, 2023 | 12:19 pm
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JP Morgan has maintained an Overweight rating on Generac Hldgs but lowered the price target from $179 to $164.
While the Overweight rating suggests that JP Morgan expects Generac Hldgs to outperform the market, the lowering of the price target could indicate a tempered expectation of the stock's future performance. This could potentially lead to a neutral short-term impact on the stock price.
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