Stock Track | Generac Soars 5.31% Intraday on Analyst Price Target Hikes from UBS and Barclays
Stock Track
Feb 14
Generac Holdings Inc. (GNRC) saw its stock price surge 5.31% during intraday trading on Friday, following a series of positive analyst actions.
The significant move was driven by major financial institutions raising their price targets for the company. UBS increased its target on Generac to $270 from $215 while maintaining a Buy rating. Similarly, Barclays lifted its price target to $213 from $186, maintaining an Equal-Weight rating on the stock.
These upward revisions from key analysts indicate growing confidence in the company's outlook and valuation, prompting increased investor buying activity during the session.
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