JPMorgan lowered the firm’s price target on Gates Industrial (GTES) to $32 from $33 and keeps an Overweight rating on the shares. The firm trimmed estimates but remains positive on the shares.
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Read More on GTES:
- Gates Industrial initiated with an Equal Weight at Wells Fargo
- Gates Industrial price target lowered to $29 from $30 at UBS
- Gates Industrial price target lowered to $26 from $28 at Barclays
- Gates Industrial price target lowered to $26 from $29 at RBC Capital
- Gates Industrial price target lowered to $33 from $35 at JPMorgan