Generac price target raised to $210 from $185 at Stifel

Stifel raised the firm’s price target on Generac (GNRC) to $210 from $185 and keeps a Buy rating on the shares. The firm believes Generac is well-positioned to deliver solid 2024-25 and beyond growth, fueled by significant recent outage activity, declining reliability of the grid, and rising electricity demand, the analyst tells investors.