Shares of backup power company
Generac
caught one more downgrade. This time electric automobiles are to blame.
Jefferies analyst Saree Boroditsky downgraded shares of
Generac
(ticker: GNRC) to Sell from Keep Tuesday. Electric car bidirectional charging is a activity changer for the back again-up power field, in accordance to the analyst. EVs-as-generators will limit Generac development over the prolonged run.
Shares of backup power company
Generac
caught one more downgrade. This time electric automobiles are to blame.
Jefferies analyst Saree Boroditsky downgraded shares of
Generac
(ticker: GNRC) to Sell from Keep Tuesday. Electric car bidirectional charging is a activity changer for the back again-up power field, in accordance to the analyst. EVs-as-generators will limit Generac development over the prolonged run.
