Guggenheim analyst Ronald Jewsikow raised the firm’s price target on Gentex (GNTX) to $31 from $26 and keeps a Buy rating on the shares. The firm, which updated estimates for its auto supplier coverage, argues that the near-term setup continues to skew favorably as demand inflects positively and tariff concerns dissipate in North America.
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Read More on GNTX:
- Gentex Corp’s Earnings Call Highlights Growth and Optimism
- Gentex price target raised to $28 from $25 at Goldman Sachs
- Gentex: Strong Performance with Margin Improvements, But Growth and Valuation Concerns Persist
- Gentex price target raised to $32 from $28 at B. Riley
- Gentex price target raised to $30 from $26 at Baird