Gentex price target lowered to $32.50 from $37 at B. Riley

TipRanks

Tue, Feb 4, 2025, 6:30 AM 1 min read

B. Riley lowered the firm’s price target on Gentex (GNTX) to $32.50 from $37 and keeps a Buy rating on the shares following the Q4 report. The firm expects both the company’s sales and gross margin are likely to improve quarter-over-quarter in Q1 despite some typical seasonality headwinds. It also believes the recent share price weakness is “excessive “with shares trading at 52-week lows.

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