B of A Securities Upgrades Generac Hldgs to Neutral, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith upgraded Generac Holdings (GNRC) from Underperform to Neutral and increased the price target from $76 to $110.
November 15, 2023 | 3:57 pm
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Generac Holdings was upgraded by B of A Securities from Underperform to Neutral, with a price target increase from $76 to $110.
Upgrades by analysts can lead to positive sentiment among investors, potentially driving the stock price up in the short term. The significant increase in the price target from $76 to $110 suggests a more bullish outlook on the stock, which may influence investors' perception of the company's value.
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