Will bidirectional EV charging kill generators? Generac downgraded by stock analysts
Charged
DECEMBER 7, 2022
Analysts at investment bank Jefferies recently downgraded Generac Holdings (NYSE: GNRC), one of the best-known providers of backup generators, to an Underperform rating, citing a variety of risks including competition from bidirectional charging technology. Some investors are beginning to make that connection.
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