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Wells Fargo Adjusts Price Target on Generac Holdings to $238 From $234, Maintains Overweight Rating
Wells Fargo has increased its price target for Generac Holdings (GNRC) to $238 from $234, while reaffirming an Overweight rating on the stock. This adjustment comes amidst other analyst actions and company news, including a recent reorganization of Generac’s business segments. The article also notes Generac’s business segments, with 56.7% from residential equipment and 32.3% from industrial and commercial sectors.