Analysts Boost Outlook on Generac Holdings and Home Depot

Two top analysts have expressed bullish sentiments on Generac Holdings (GNRC) and Home Depot (HD), sending optimism soaring in the North American sector. According to TipRanks, analyst Praneeth Satish of Wells Fargo maintained a Buy rating on GNRC with a price target of $280.00. This is 69.6% above the company's current stock price of $175.11.

Satish has an average return of 1.3% and a success rate of 51.2%. The analyst consensus on GNRC is Moderate Buy, with a price target consensus of $300.46. TipRanks also upgraded the stock to Buy with a price target of $194.00.

Meanwhile, UBS analyst Michael Lasser maintained a Buy rating on Home Depot (HD) with a price target of $420.00. The company's shares closed last Wednesday at $302.47. Lasser has an average return of 14.8% and a success rate of 63.7%. The current analyst consensus on HD is Moderate Buy, with an average price target of $387.16.