Generac Holdings (GNRC) PT Raised to $527 at Credit Suisse
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Generac Holdings (GNRC) Tops Q3 EPS Estimates, Misses on Revenue, BofA and UBS Downgrade to Neutral on Valuation but Remain Positive on Fundamentals
November 3, 2021 9:43 AM EDTShares of Generac Holdings (NYSE: GNRC) are down Wednesday after the company reported mixed Q3 results.
Generac Holdings reported Q3 EPS of $2.35 to beat the analyst estimate of $2.32. Revenue for the quarter came in at $943 million versus the consensus estimate of $961.11 million.
We continued to experience exceptional demand during the third quarter leading to all-time record revenue and further increases in our backlog. We again hit record production levels in spite of the challenging supply chain environment that deteriorated during the third quarter. We have tremendous momentum in our business as we... More
Generac Holdings (GNRC) PT Raised to $575 at Canaccord Genuity
November 3, 2021 8:15 AM EDTCanaccord 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
