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Fly News Breaks for January 27, 2016
GNTX
Jan 27, 2016 | 06:21 EDT
Baird analyst David Leiker downgraded Gentex to Neutral and lowered his price target to $14 from $22. The analyst believes shares are likely "dead money" through the balance of the auto cycle and sees limited upside to EBIT margin over the next few years and views margins as "maxed out."