Generac Hldgs (NYSE:GNRC) reported quarterly earnings of $2.99 per share which beat the analyst consensus estimate of $2.63 by 13.69 percent. This is a 25.1 percent increase over earnings of $2.39 per share from the same
Guggenheim has decided to maintain its Buy rating of Generac Hldgs (NYSE:GNRC) and lower its price target from $561.00 to $455.00.
Shares of Generac Hldgs are trading down 1.01% over the last 24 hours, at $237.50 per share.
A move to $455.00 would account for a 91.58% increase from the current share price.
Over the past 3 months, 8 analysts have published their opinion on Generac Hldgs (NYSE:GNRC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.