GNRC - Generac's Outlook Brightens On Q3 Earnings: Analyst Upgrades Stock On 'Attractive Current Valuation' | Benzinga
Shares of Generac Holdings Inc (NYSE: GNRC) were climbing higher on Friday, after the company reported its third-quarter results.
Generac Holdings's Q3 earnings report on Wednesday surpassed analyst expectations. The company now appears to be approaching "the end of the home standby inventory workdown,” which has been a headwind for the business since mid-2022, according to Guggenheim Securities.
The Generac Holdings Analyst: Joseph Osha upgraded the rating for Generac Holdings from Neutral to Buy, ...