Barclays Raises Price Target for Generac Holdings Inc.
On June 30, Barclays raised its price target for Generac Holdings (GNRC) to $285 from $228 while maintaining an 'Equal Weight' rating. The firm cited the company's progress in securing hyperscaler contracts and plans to expand production capacity as key factors.
Topics: Barclays Capacity Expansion Data Center Demand Generac Holdings