Baird Maintains Outperform on Gates Industrial Corp, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Michael Halloran maintains an Outperform rating on Gates Industrial Corp (NYSE:GTES) but lowers the price target from $26 to $22.

August 01, 2024 | 12:05 pm
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Baird analyst Michael Halloran maintains an Outperform rating on Gates Industrial Corp (NYSE:GTES) but lowers the price target from $26 to $22.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100