B. Riley Securities Maintains Buy on Gentex, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities maintains a Buy rating on Gentex (NASDAQ:GNTX) but lowers the price target from $44 to $41.
July 29, 2024 | 4:55 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Buy rating on Gentex but lowers the price target from $44 to $41, indicating a positive outlook with some caution.
The Buy rating suggests continued confidence in Gentex's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100