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Fly News Breaks for July 31, 2018
THRM
Jul 31, 2018 | 09:10 EDT
BMO Capital analyst Richard Carlson raised his price target on Gentherm to $53 and kept his Outperform rating, saying he is seeing early signs of progress from the company's focus on driving revenue growth beyond its core product areas. The analyst adds that he is turning more optimistic in the management's ability to achieve its goal of high-single digit organic annual revenue growth through 2021 while also expanding Gentherm's EBITDA margins.
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