Stifel initiated coverage of Garrett Motion (GTX) with a Buy rating and $17.50 price target The company is a leading global supplier of gasoline and diesel turbochargers for automotive original equipment manufacturers with ongoing product development initiatives to drive growth in emerging zero emission technologies for vehicle and broader industrial use cases, the analyst tells investors in a research note. The firm added that Garrett has the potential to deliver differentiated growth from its Zero Emission portfolio.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GTX: