JP Morgan Downgrades Generac Hldgs to Neutral, Announces $149 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has downgraded Generac Holdings (NYSE:GNRC) from Overweight to Neutral and set a price target of $149.

May 23, 2024 | 10:36 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan analyst Mark Strouse downgraded Generac Holdings from Overweight to Neutral and set a price target of $149.
The downgrade from Overweight to Neutral by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and could lead to a short-term decline in GNRC's stock price. The new price target of $149 also suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100