Top 5 Losers Today

3. Generac Holdings Inc. (NYSE:GNRC) has fallen 6.46% as of 11:52 AM ET after the target price of the Wisconsin-based manufacturer of backup power generation was slashed down by over 26.1% from $474 to $350 by Kashy Harrison at Piper Sandler. The target price still reflects a healthy potential upside of over 34.7% from the last closing price. The analyst maintained an Overweight rating on Generac Holdings Inc. (NYSE:GNRC) stock. Harrison commented that during the earnings season, he is more focused on the post-war demand trajectory, inflation, supply chain-related concerns, and policy decisions that could have an impact on the long-term outlook of Generac Holdings Inc. (NYSE:GNRC).

Overall, 46 hedge funds reported owning a stake in Generac Holdings Inc. (NYSE:GNRC) at the end of Q4 2021.