Baird raised the firm’s price target on Gates Industrial (GTES) to $39 from $27 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results where guidance was better than feared.
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Read More on GTES:
- Gates Industrial price target raised to $33 from $28 at UBS
- Gates Industrial price target raised to $33 from $27 at Citi
- Gates Industrial price target raised to $32 from $26 at Barclays
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- Gates Industrial sees FY26 adjusted EPS $1.52-$1.68, consensus $1.58