Craig-Hallum Maintains Buy on Gentherm, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Ryan Sigdahl maintains a Buy rating on Gentherm (NASDAQ:THRM) but lowers the price target from $85 to $65.
October 31, 2024 | 1:37 pm
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Craig-Hallum maintains a Buy rating on Gentherm but reduces the price target from $85 to $65, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Gentherm's prospects, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100