JP Morgan Maintains Underweight on Gentherm, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Brinkman maintains an Underweight rating on Gentherm (NASDAQ:THRM) and lowers the price target from $60 to $56.

July 22, 2024 | 2:37 pm
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JP Morgan analyst Ryan Brinkman maintains an Underweight rating on Gentherm and lowers the price target from $60 to $56, indicating a bearish outlook.
The Underweight rating and lowered price target from a major financial institution like JP Morgan suggest a negative outlook on Gentherm's stock performance. This is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100