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Gentherm price target raised to $37 from $32 at Roth Capital. Roth Capital analyst Matt Koranda raised his price target for Gentherm to $37 from $32 following the company's strategic update, where management shared a materially positive outlook, announced actions to streamline the business, and unveiled a substantial stock buyback. The analyst reiterates a Neutral rating on the shares.

Gentherm price target raised to $50 from $43 at Barrington. 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.

Gentherm's story heating up after 'compelling' investor day, says B. Riley FBR. B. Riley FBF analyst Christopher Van Horn raised his price target on Gentherm to $50 from $45 and reiterated a Buy rating on shares after the company's "compelling" investor day that provided additional insight into the CEO's goals for the company and its technology portfolio. In a research note to investors, Van Horn says he sees a possible path to $70 per share based on management's 2021 targets, and sees a compelling long-term upside case for Gentherm shares. Van Horn believes the company's FY18 outlook was trimmed based on factors he feels are beyond the company's immediate control like freight costs and raw materials, but expects plenty of focus on growth in the medium-term.