JP Morgan Upgrades Gentherm to Overweight, Maintains Price Target to $48
JP Morgan analyst Rajat Gupta upgrades Gentherm (NASDAQ:THRM) from Neutral to Overweight and maintains the price target from $48 to $48.
Stocks · News reference
Gentherm Board Approves New $400M Stock Buyback Program
The new program will replace the Company's existing stock repurchase program effective July 27, 2026, and will remain in effect for a three-year period.As of June 30, 2026, the prior program had approximately $110
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
8-K filing — Gentherm Inc (THRM)
Filed: 2026-09-11 AccNo: 0001193125-26-388630 Size: 226 KB Item 5.07: Submission of Matters to a Vote of Security Holders Item 7.01: Regulation FD Disclosure Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Gentherm Shareholders Approve Combination with Modine’s Performance Technologies Business
Gentherm shareholders voted to approve the proposed combination with Modine's Performance Technologies business, with approximately 99% voting in favor of share issuance and 94% supporting charter amendments. The transaction has received all required regulatory approvals and is expected to close on October 1, 2026. The combined entity aims to create a higher-growth, higher-margin thermal and precision flow management business.
JP Morgan Maintains Neutral on Gentherm, Raises Price Target to $48
JP Morgan analyst Rajat Gupta maintains Gentherm (NASDAQ:THRM) with a Neutral and raises the price target from $41 to $48.