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Enter Symbol:
Rating: GNRC
Hold $48
down 13.00 %

Generac Holdings Inc. (NYSE: GNRC) downgraded to Hold with price target $48 by Canaccord Genuity

Thursday,  Feb 12, 2015  11:25 AM ET by Kristen Bailey

The Canaccord Genuity advised against investing in this stock and the price has fallen for a loss. The price fell from $56.55 on 02/14/2014 to $49.20 on 02/12/2015. Canaccord Genuity downgraded Generac
Holdings Inc. (NYSE: GNRC) to Hold with price target $48 with today's price of $49.20. Canaccord Genuity rated Generac Holdings Inc. (NYSE: GNRC) to Buy with price target $62 on 02/14/2014, when the price was $56.55. Generac Holdings Inc.'s stock price lost 13% since then.
By following the previous Canaccord Genuity's recommendation on GNRC, you would have lost 13% in 363 days.

Generac Holdings Inc. (Generac) is a designer and manufacturer of a range of automatic, stationary standby and portable generators. The Company designs, engineers and manufactures generators with an output of between 800 watts and 9 megawatts of power. It designs, manufactures, sources and modifies engines, alternators, automatic transfer switches and other components necessary for its products. The Company?s generators are fueled by natural gas, liquid propane, gasoline, diesel and Bi-Fuel (combined diesel and natural gas). Its products serve the power requirements of a variety of end markets, including the residential, commercial, industrial and telecommunications markets.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.

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