Baird Maintains Neutral on Gentherm, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Luke Junk has maintained a Neutral rating on Gentherm (NASDAQ:THRM) but has lowered the price target from $54 to $50.
October 31, 2024 | 12:11 pm
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Baird analyst Luke Junk has maintained a Neutral rating on Gentherm but lowered the price target from $54 to $50, indicating a slightly less optimistic outlook.
The lowering of the price target from $54 to $50 by Baird suggests a less optimistic view on Gentherm's short-term performance, which could lead to a negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced target may influence investor sentiment.
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