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Stock impact report

Latest Zero-Emission Offerings Spark Bullish Views on Garrett Motion (GTX) [Yahoo! Finance]

Garrett Motion Inc. (GTX) 
Last garrett motion inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
As of the close of play on January 29, sentiment remains highly bullish around Garrett Motion (NASDAQ:GTX). The stock had received coverage from 3 analysts, all of whom assigned Buy ratings. With a median 1-year price target of $22, it offers more than 20% upside potential from the prevailing level. Copyright: zenstock / 123RF Stock Photo On December 17, Ryan Brinkman from JPMorgan initiated his coverage on Garrett Motion (NASDAQ:GTX), assigning an Overweight rating to the stock. He forecasted a target price of $23, which implies a 26% upside potential. Brinkman attributed his stance to potential tailwinds from the company's latest zero-emission vehicle offerings, along with a lower risk profile for the company's internal combustion engine (ICE) business. He also acknowledged the company's impressive free cash conversion ability and best-in-class leverage position. Another critical factor backing such an optimistic outlook is the company's end-markets that appear less cyclical Show less Read more
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