Barrington analyst Gary Prestopino raised his price target on Gentherm to $50 after attending the company's strategic update meeting, stating that he believes management is taking all the right steps to increase shareholder value over the long-term. The key takeaway from the meeting was the company's plan to divest non-core businesses in its Industrial segment that generated an operating loss of $14.8M in 2017, said Prestopino, who also views the decision to minimize or eliminate investment and expenditures in non-core products as a positive. He keeps an Outperform rating on Gentherm shares.