JP Morgan Maintains Neutral on Gentex, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Brinkman maintains a Neutral rating on Gentex (NASDAQ:GNTX) and raises the price target from $28 to $30.
July 20, 2023 | 2:25 pm
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POSITIVE IMPACT
JP Morgan maintains a Neutral rating on Gentex and raises the price target from $28 to $30. This could indicate a potential upside for the stock.
The raised price target by JP Morgan indicates a potential upside for Gentex's stock. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 6-12 months, which means the impact might not be immediate.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100