Generac price target raised to $145 from $137 at Oppenheimer

Oppenheimer analyst Christopher Glynn raised the firm’s price target on Generac to $145 from $137 and keeps an Outperform rating on the shares. The company’s second half of 2022 guidance revision "enactment was clumsy," but guidance "consistently reflected earnestness and a conservative hue" previously before the "singular" dislocations of that time, the analyst tells investors. The firm sees strength in underlying HSB demand metrics and overall has a view that "key commercial mismatches are within the nadir," the analyst added.