Guggenheim lowered the firm’s price target on Gentex (GNTX) to $34 from $35 and keeps a Buy rating on the shares. Following Q3 results, the firm is updating estimates for its auto supplier and auto dealer coverage universe, noting that it believes the setup is more favorable for dealers in the near term.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter