B of A Securities Upgrades Gentex to Neutral, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy has upgraded Gentex (NASDAQ:GNTX) from Underperform to Neutral and raised the price target from $26 to $33.
July 06, 2023 | 11:23 am
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POSITIVE IMPACT
Gentex has been upgraded to Neutral from Underperform by B of A Securities, with a raised price target of $33.
The upgrade from Underperform to Neutral indicates a more positive outlook on Gentex by B of A Securities. The raised price target from $26 to $33 suggests an expected increase in the stock's value. This could potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100