Wells Fargo lowered the firm’s price target on Generac to $128 from $130 and keeps an Equal Weight rating on the shares. Generac reported “mixed” Q4 results, and 2024 sales and EBITDA margin guidance were below estimates, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on GNRC: