Roth MKM Maintains Neutral on Generac Hldgs, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Chip Moore has maintained a Neutral rating on Generac Holdings (GNRC) and increased the price target from $120 to $135.

April 23, 2024 | 2:36 pm
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Generac Holdings' price target was raised from $120 to $135 by Roth MKM, while maintaining a Neutral rating.
The increase in price target by Roth MKM suggests a positive outlook on Generac Holdings' valuation, potentially leading to increased investor interest and a positive short-term impact on the stock price. The Neutral rating indicates that the analyst sees the company as fairly valued at its current price, suggesting limited upside potential. However, the raised target price could lead to positive sentiment among investors, possibly driving the stock price up in the short term.
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