Citigroup downgraded Generac stock rating due to valuation concerns, while investors awaited definitive feedback from the Fed.
1 report, 1 independent
Updated Aug 27
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What happened
Citigroup downgraded Generac stock rating due to valuation concerns, while investors awaited definitive feedback from the Fed.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Citigroup
American investment bank and financial services corporation
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Generac Holdings Inc.
American industrial company
Nothing else this week.
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FED
business
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Coverage
Newest first; wire copies grouped- StockStoryWhy Generac (GNRC) Shares Are Sliding Today Shares of power generation products company Generac (NYSE:GNRC) fell 3% in the afternoon session after Citigroup downgraded the stock's rating to 'Neutral'