Generac Holdings (GNRC) Tops Q3 EPS by 3c
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November 3, 2021 8:15 AM EDT
Canaccord Genuity analyst Jed Dorsheimer raised the price target on Generac Holdings (NYSE: GNRC) to $575.00 (from $515.00) while maintaining a Buy rating.
The analyst commented, "We are maintaining our BUY rating and increasing our PT to $575, which is based on applying a multiple... More
November 1, 2021 4:06 PM EDT
Generac Holdings Inc. (NYSE: GNRC) (Generac or the Company), a leading global designer and manufacturer of energy technology solutions and other power products, today announced the signing of an agreement to acquire ecobee Inc. (ecobee), a leader in sustainable smart home solutions, in a transaction valued up to $770 million contingent on the achievement of certain performance targets.
A pioneer in the smart thermostat market, ecobee was founded in 2007 and is headquartered in Toronto, Canada. With a team of over 500 employees globally, ecobee currently offers several ENERGY STAR-certified thermostats and a suite of home monitoring... More
