Generac Holdings (GNRC) has disclosed a new risk, in the Litigation & Legal Liabilities category.
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Generac Holdings faces significant business risk due to a spectrum of litigation and regulatory proceedings that could negatively impact its operations and financial health. Incidental to its business, the company is exposed to legal challenges ranging from product liability to intellectual property disputes. The cost of defending these proceedings, along with potential fines, penalties, and settlements, presents a substantial distraction to management and could lead to adverse financial consequences. Moreover, unpredictable outcomes of current or future legal issues and the adequacy of insurance coverage add layers of uncertainty to Generac’s risk profile.
Overall, Wall Street has a Moderate Buy consensus rating on GNRC stock based on 8 Buys, 1 Sell and 8 Holds.
To learn more about Generac Holdings’ risk factors, click here.