These Analysts Revise Their Forecasts On Generac After Q2 Results
Generac (GNRC) reported better-than-expected Q2 earnings of $2.91/share, but missed sales estimates. Analysts lowered price targets, shares up 2.4%.
Generac made more profit per share than people thought, but didn't sell as much stuff as expected. When experts lower their price targets, it means they're less excited about the company's future, even though today's news was partly good.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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