JP Morgan Maintains Neutral on Generac Hldgs, Raises Price Target to $178
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains a Neutral rating on Generac Holdings (NYSE:GNRC) but raises the price target from $160 to $178.
October 17, 2024 | 2:34 pm
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JP Morgan has maintained a Neutral rating on Generac Holdings but increased the price target from $160 to $178, indicating a positive outlook despite the neutral stance.
The increase in price target from $160 to $178 suggests a positive outlook for Generac Holdings, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100