Gentex price target lowered to $28 from $32 at B. Riley

B. Riley lowered the firm’s price target on Gentex (GNTX) to $28 from $32 and keeps a Buy rating on the shares after the company’s Q4 revenue missed estimates. It cites a more conservative multiple given 2026’s “transition-year dynamics” for the target cut. However, Riley believes Gentex’s “best-in-class operational execution” and emerging technology applications could warrant a higher multiple as dimmable glass drive growth accelerates in 2028 and beyond.