Canaccord analyst George Giankarikas raised the price target on Generac Holdings (NYSE: GNRC) to $300.00 (from $275.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our BUY rating and are raising our price target to $300 from $275 based on ~23x (from 22x) our 2028E non-GAAP EPS estimate of $13.09 (from $12.48). The median 2028E EPS multiple in Generac’s comp group is currently ~23x. We have updated our model to better reflect anticipated financial performance through the end of the decade. We view our data center estimates as reasonable, but acknowledge potential upside."