Analyst Hamed Khorsand from BWS Financial maintained a Buy rating on Garrett Motion (GTX – Research Report) and keeping the price target at $14.00.
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Hamed Khorsand has given his Buy rating due to a combination of factors influencing Garrett Motion’s performance. One key reason is the evolving market conditions in the second quarter of 2025, where fears over tariffs have shifted towards consumer demand for automobiles. Additionally, the weakening of the US Dollar against the Euro is expected to positively impact Garrett Motion’s financial results, potentially exceeding initial estimates.
Furthermore, Garrett Motion’s limited exposure to the US market, particularly in commercial vehicles, reduces its vulnerability to trade uncertainties. The favorable exchange rate between the Euro and the US Dollar could lead to a significant increase in sales, although this impact may not be fully realized immediately. Moreover, the continued strength in new car sales in international markets suggests a stable order flow for Garrett Motion, supporting the Buy rating.
According to TipRanks, Khorsand is a 5-star analyst with an average return of 9.6% and a 56.07% success rate. Khorsand covers the Technology sector, focusing on stocks such as Innodata, Adeia, and Ubiquiti Networks.