Guggenheim Sticks to Their Buy Rating for Generac Holdings (GNRC)
In a report released today, Joseph Osha from Guggenheim reiterated a Buy rating on Generac Holdings, with a price target of $202.00.
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Osha covers the Technology sector, focusing on stocks such as Nextpower Inc, First Solar, and Shoals Technologies Group. According to TipRanks, Osha has an average return of 21.2% and a 57.35% success rate on recommended stocks.
Generac Holdings has an analyst consensus of Strong Buy, with a price target consensus of $207.00.
Based on Generac Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.11 billion and a net profit of $66.16 million. In comparison, last year the company earned a revenue of $1.17 billion and had a net profit of $113.74 million
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