Gentex Corp (GNTX) Tops Q3 EPS by 2c

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FBR Capital Raises price Target on Gentex Corp (GNTX) to $22

October 21, 2016 10:10 AM EDT

FBR Capital reiterated an Outperform rating on Gentex Corp (NASDAQ: GNTX), and raised the price target to $22.00 (from $20.00), following the company's 3Q earnings report.

Analyst Christopher Horn commented, "Gentex continues to provide investors with an avenue to growth in an otherwise debatable auto industry. In 3Q16, the company considerably outgrew underlying industry volumes (10% sales... More