Generac (GNRC) Tumbles 16% After Slashing Full-Year Forecast
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Generac Holdings (GNRC) Comments from OTR Global
October 21, 2022 9:27 AM EDTGenerac Holdings (NYSE: GNRC) said to receive a cautious comment from a OTR Global, a boutique channel-check research firm.
"2023 Outlook Declines as Pressure Increases Residential standby generator consultation conversion rates declined qq during 3Q22 and the outlook for 2023 weakened"... MoreGenerac Holdings (GNRC) PT Lowered to $180 at Northland, 'One-Day Price Decline of 25% Driven by False Validation of Bear Thesis'
October 20, 2022 9:37 AM EDTNorthland Capital Markets analyst Donovan Schafer lowered the price target on Generac Holdings (NYSE: GNRC) to $180.00 (from $370.00) while maintaining a Outperform rating.
The analyst comments "GNRC pre-released a large Q3'22 miss vs. consensus and our estimates. That said, the ~25% decline was... More
Generac Holdings (GNRC) PT Lowered to $179 at Cowen
October 19, 2022 11:27 AM EDTCowen analyst Jeffrey Osborne lowered the price target on Generac Holdings (NYSE: GNRC) to $179.00 (from $229.00) while maintaining an Outperform rating following its Q3, FY warning
The analyst commented, "Generac preannounced its 3Q22 results, which were well below expectations, and lowered its FY22... More
