Gentherm price target lowered to $50 from $54 at Baird
The Fly

Gentherm price target lowered to $50 from $54 at Baird

Baird lowered the firm’s price target on Gentherm (THRM) to $50 from $54 and keeps a Neutral rating on the shares. The firm said they provided a mixed 3Q24 update, as modest sales upside helped drive current-quarter adjusted EBITDA nicely above expectations, but full-year sales guidance was lowered.

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