Information Provided By:
Fly News Breaks for June 27, 2019
GNRC
Jun 27, 2019 | 09:15 EDT
BofA Merrill Lynch analyst Ross Gilardi raised his 2020-21 EBITDA estimates for Generac and raised his price target on the stock to $83 from $75 after hosting investor meetings featuring CEO Aaron Jagdfeld and CFO York Ragen in California. Generac just bought a solar backup battery company right as California is mandating solar panels on all new home construction beginning in 2020, noted the analyst, who sees a long-tail of untapped growth opportunity in the state, where he notes the company had not marketed for some years. He maintains a Buy rating on Generac shares.
News For GNRC From the Last 2 Days
There are no results for your query GNRC