JP Morgan Maintains Underweight on Gentherm, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Brinkman has maintained an Underweight rating on Gentherm (NASDAQ:THRM) and reduced the price target from $59 to $58.
January 25, 2024 | 11:52 am
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JP Morgan analyst Ryan Brinkman maintains an Underweight rating on Gentherm and lowers the price target from $59 to $58.
The reduction in price target by JP Morgan, accompanied by an Underweight rating, suggests a bearish outlook on Gentherm's stock. This could lead to negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100