Gentex upgraded to Neutral from Sell at Goldman Sachs

Goldman Sachs analyst Mark Delaney upgraded Gentex to Neutral from Sell with a price target of $26, up from $24, as part of a broader research note on U.S. Autos & Industrial Tech. The analyst is positive on the traction the company has with next generation products like full display mirror and its reduced cyclical risk. Gentex’s products are also not impacted either positively or negatively by EVs as they are powertrain agnostic, Delaney tells investors in a research note.