tiprankstipranks
Gentherm upgraded to Neutral from Underweight at JPMorgan
The Fly

Gentherm upgraded to Neutral from Underweight at JPMorgan

JPMorgan upgraded Gentherm (THRM) to Neutral from Underweight with an unchanged price target of $56. The firm cites “incremental attraction” to the company’s penetration rate and backlog-driven growth story for the upgrade. This should allow increasingly differentiated performance as industry outlook softens slightly, the analyst tells investors in a research note.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App