Generac Gets $100 Target Hike From Canaccord — Amazon Deal Could Unlock Up To $8B In Orders, Says Analyst
According to TheFly, Canaccord sees the Amazon agreement as a multi-year data center opportunity for Generac with $2.4 billion of initial deliveries expected through 2028. Canaccord lifted its target to $375 from $275 and kept a Buy rating, per TheFly. Cantor said this deal is Generac’s most important data-center disclosure since its first hyperscaler win. … Read more