Exane BNP Paribas Initiates Coverage On Generac Hldgs with Underperform Rating, Announces Price Target of $78
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Moses Sutton has initiated coverage on Generac Hldgs (NYSE:GNRC) with an Underperform rating and a price target of $78.
October 20, 2023 | 10:54 am
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NEGATIVE IMPACT
Generac Hldgs has been given an Underperform rating by Exane BNP Paribas, with a price target of $78.
The Underperform rating from Exane BNP Paribas suggests that the analyst believes Generac Hldgs' stock will do worse than the market average. This could potentially lead to a decrease in the stock's price in the short term. The price target of $78 also provides a benchmark for investors, which could influence trading decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100