Truist analyst Jordan Levy lowered the firm’s price target on Generac (GNRC) to $175 from $200 and keeps a Buy rating on the shares. Against the rapidly evolving tariff backdrop, Generac took more of a “wait and see” approach to its FY25 outlook, taking down the low-end of its guidance range to account for tariff-related margin impacts alongside demand hits resulting from incremental price increases, the firm says. While a more conservative outlook on HSB sales causes Truist to reduce its estimates, the firm notes the company continues to perform well as exhibited by its strong Q1 results. Further, Truist remains optimistic on the rollout of Generac’s large MW diesel genset offering, with order books recently opening up and first shipments to international data centers expected later this year.

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Generac Holdings: Strong Q1 Performance and Strategic Resilience Justify Buy Rating Generac price target lowered to $155 from $173 at TD Cowen Generac price target lowered to $164 from $188 at Barclays Generac price target lowered to $127 from $171 at Baird Generac price target lowered to $174 from $177 at BofA

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