Stocks / Alpha Vantage News Sentiment

Barclays Raises its Price Target on Generac Holdings Inc. (GNRC)

Barclays has increased its price target for Generac Holdings Inc. (GNRC) to $285 from $228, while maintaining an "Equal Weight" rating. Analyst Christine Cho noted Generac's shift from validation to execution, with an expected $1 billion in 2027 data center revenue and plans to expand production capacity. The company recently acquired a facility in Belvidere, Illinois, to scale up packaging capacity for megawatt generators, expecting to create over 100 jobs and begin operations in Q1 2027.