Generac Holdings (GNRC) PT Raised to $160 at Truist Securities

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Go back to Generac Holdings (GNRC) PT Raised to $160 at Truist Securities

Generac Holdings (GNRC) plunges on lowered outlook amid soft consumer environment

August 2, 2023 7:29 AM EDT

Generac (NYSE: GNRC) shares fell more than 12% in pre-open Wednesday after the company reported soft Q2 results and lowered its full-year outlook.

Generac posted a profit per share of $1.08 on revenue of $1 billion, which compares to the consensus for earnings of $1.16 per share on revenue... More