BUZZ-Generac climbs on data center power agreement

Generac Holdings Inc.

Generac Holdings Inc.

GNRC

0.00

** Shares of power company Generac GNRC.N rise 9% to ~$294 in premarket trading

** Co signed a global supply agreement with a leading hyperscale data center operator to supply backup power generators

** The terms of the deal, including the cost of the contract and name the hyperscaler, were not disclosed

** Fourteen of 21 brokerages rate the stock "buy" or higher, 7 "hold"; their median PT is $280

** YTD shares up 97.5% as of last close


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