Analyst Upgrades AI Data Center Play On Potential Deals. Stock Crosses Buy Point.

Jefferies upgraded Generac to buy and raised its price target to 302 from 239, sparking a rally as the new target implies roughly 13% upside. Management raised its full-year outlook after Q1 results showed Commercial & Industrial sales up 28% to $510.1 million and total sales rising 12% to $1.06 billion, driven by growing data-center demand and a larger backlog. The stock has nearly doubled year-to-date, recently broke out on earnings (April 29) and reclaimed momentum above its 21-day EMA with a new entry near 251. The upgrade and backlog strength reinforce bullish sentiment for data-center power and infrastructure plays, likely lifting investor interest across related AI/data-center suppliers and industrial growth names.