Gentherm upgraded to Buy from Hold at Freedom Broker

Freedom Broker analyst Alinur Beisenbay upgraded Gentherm (THRM) to Buy from Hold with a price target of $37, down from $38, after what the firm calls “a moderately good Q1.” Management reaffirmed rather than raised FY26 guidance, notes the firm, which thinks Gentherm is “executing well enough to defend its outlook, but not yet cleanly enough to remove near-term earnings-conversion and transaction-execution risk.”