Shares of
were rising after analysts at Janney Montgomery Scott initiated coverage on the stock with a Buy rating. They see growth opportunities in clean energy for the generator company. Janney analysts, led by Sean Milligan, put a fair value estimate of $160 on Generac (ticker: GNRC). The stock was rising 3.9% to $94.72 on Wednesday, making it the session’s best-performing S&P 500 stock.
