Generac Holdings Inc. Price Target Raised to $205 by Baird Analyst

Generac Holdings Inc's (GNRC) price target has been raised to $205 by Baird analyst Michael Halloran, up from $127. The company's strong Q2 performance prompted the revision. Despite the optimistic adjustment, Halloran maintains a Neutral rating. Generac is a leading provider of power generation equipment, with a market cap of $11.2 billion and operations primarily in the US. Its financial health is underscored by consistent revenue growth, solid operating and net margins, and a stable balance sheet. The company's revenue trends highlight growth drivers in the clean energy segment, and its competitive positioning is bolstered by its diverse product offerings and strong market presence.