UBS raised the firm’s price target on Generac (GNRC) to $205 from $200 and keeps a Buy rating on the shares. Generac’s Q4 results were ahead of consensus estimates and fiscal 2025 guidance was in line with estimates, the analyst tells investors in a research note. UBS views Generac as a key beneficiary of increased demand for home standby generators with ample room to grow in the 7% penetrated market.
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