Shares of backup energy supplier
Generac
caught one other downgrade. This time electrical autos are in charge.
Jefferies analyst Saree Boroditsky downgraded shares of
Generac
(ticker: GNRC) to Promote from Maintain Tuesday. Electrical automobile bidirectional charging is a recreation changer for the back-up energy trade, in accordance with the analyst. EVs-as-generators will restrict Generac development over the long term.