Baird Downgrades Gentherm to Neutral, Lowers Price Target to $65
Portfolio Pulse from richadhand@benzinga.com
Baird analyst Luke Junk has downgraded Gentherm (NASDAQ:THRM) from Outperform to Neutral and lowered the price target from $73 to $65.
July 11, 2023 | 9:25 am
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Gentherm's rating has been downgraded from Outperform to Neutral by Baird, with a lowered price target from $73 to $65.
The downgrade from Outperform to Neutral by Baird, along with a lowered price target, indicates a less optimistic outlook for Gentherm. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100