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Gates Industrial Corp. (GTES) PT Raised to $20 at RBC Capital

August 1, 2024 6:25 AM EDT

RBC Capital analyst Deane Dray raised the price target on Gates Industrial Corp. (NYSE: GTES) to $20.00 (from $19.00) while maintaining a Sector Perform rating.

The analyst comments "There was no despair in Sector Perform-rated Gatess unexpected 6%- below-consensus guidance cut following its modest 4%... More