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.
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Gentherm shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 sales guidance with its midpoint above estimates. Also, the company approved a new $400 million stock buyback program.
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8-K filing — Gentherm Inc (THRM)
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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.