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Fly News Breaks for August 1, 2017
THRM
Aug 1, 2017 | 09:18 EDT
After Gentherm reported weaker than expected Q2 results and it lowered its guidance, BMO Capital analyst Richard Carlson cut his price target on the stock to $42 from $46. However, he remains upbeat on its longer term outlook as he thinks that the company's thermal technology has significant growth opportunities in multiple end markets. He thinks the shares have reached an attractive entry point.
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