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Fly News Breaks for December 15, 2017
THRM
Dec 15, 2017 | 08:37 EDT
Argus analyst Jim Kelleher lowered his price target on Gentherm to $40 after a Q3 earnings miss. Kelleher says Q3 saw weaker demand in North America, but the company's major markets will improve going forward thanks to its growth opportunities in the thermoelectric technologies business. The analyst keeps his Buy rating, adding that the stock is favorably valued on historical basis and relative to peers.
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