Analyst Jordan Levy downgraded shares to hold from buy, saying shares could fall 14% from Friday's closing price.
It's time to sell Generac amid greater macro challenges this year, according to Truist. Analyst Jordan Levy downgraded shares to hold from buy, saying higher interest rates and inflation hurt the outlook for the power generator maker.
Levy lowered his price target to $145 from $160, which implies shares have about 14% upside from Friday's closing price of $126.77. Shares fell 3% in Tuesday premarket trading. "GNRC's internal challenges, both related to its core home standby generator business & emerging Clean Energy products business have been discussed by mgmt at length over the last several quarters, and we believe are well understood by the Street," Levy wrote.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Roku Blazes Higher on Huge Upgrade: 5 Big Analyst Calls | Pro Recap | Investing.comStocks Analysis by Garrett Cook covering: Apple Inc, Activision Blizzard Inc, Occidental Petroleum Corporation, Marriott International Inc. Read Garrett Cook's latest article on Investing.com
続きを読む »
China could push Russia-Ukraine conflict to 'true world war,' analyst warnsThomas Friedman said on Sunday that China wants a 'prolonged' war in Ukraine to keep the United States tied down.
続きを読む »
Top Wall Street analysts are bullish on these 5 stocksTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Meta Platforms & Wynn Resorts.
続きを読む »
NBA's Jordan Clarkson Honors Family With Custom Gold Chain At All-Star WeekendJordan Clarkson got a custom gold chain to honor his family for this past weekend's NBA All-Star Game festivities.
続きを読む »