KeyBanc Maintains Ratings on Apple, Generac Amid Mixed Market Outlooks

KeyBanc Capital Markets maintains a cautious yet balanced stance on several major stocks amid mixed outlooks. For Generac, the firm retains a Sector Weight rating due to soft conditions in the residential home standby generator market, despite potential in the data center segment, with other analysts showing varied price targets reflecting concerns about weak power outage trends. Regarding Apple, KeyBanc reiterates a Sector Weight rating, highlighting strong demand for iPhone 17 Pro models driving higher average selling prices, though shares appear overvalued at current highs; other analysts raise price targets based on expected revenue and earnings beats. Additionally, KeyBanc upgraded Nike to Overweight following its fiscal Q1 2026 earnings beat, noting progress in its turnaround plan and improvements in sales and product strategy, though some caution remains given headwinds like tariffs. Overall, KeyBanc's research underscores a theme of selective optimism tempered by near-term challenges across different sectors.