Ranked #12 out of 31 machinery and industrial equipment makers, the honor was a nod to the customer, employee and investor trust established by the Wisconsin-based company throughout its 63-year history. Bank of America downgraded the generator specialist from Neutral to Underperform, calling its fiscal 2023 guidance “ambitious and increasingly out of reach.” The analyst slashed his price target to $91, adding that a worsening economic backdrop bodes poorly for residential demand. Inflation and rising interest rates stand to limit consumer spending on pricey home standby (HSB) generators in the near-term.