Baird Maintains Neutral on Gentherm, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Luke Junk maintains a Neutral rating on Gentherm (NASDAQ:THRM) and lowers the price target from $67 to $65.
May 01, 2024 | 11:26 am
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Baird analyst Luke Junk maintains a Neutral rating on Gentherm and lowers the price target from $67 to $65.
The adjustment in price target by Baird reflects a slight negative sentiment towards Gentherm's short-term stock price potential, but the maintenance of a Neutral rating suggests no significant change in the company's overall outlook. The reduction in price target might lead to short-term investor caution, but the neutral stance indicates that the analyst does not foresee major downside or upside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100