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A Gentex analyst is now negative about the stock; check out the five biggest downgrades for Tuesday.

OpinionRead the original at Benzinga
Bad for GNTX

Goldman Sachs moved Gentex from Neutral to Sell and cut its target from $23 to $20 per share. The lower target sits below Monday's $21.91 closing price, pointing to a weaker view of its shares.

GNTX · Gentex Corp

AI read · Bad for GNTX

The AI's read

That gives investors a less favorable outside view of Gentex shares. The story reports no new sales or profit figures, so it does not show that Gentex's business itself has changed.

PSNL · Personalis Inc

AI read · Bad for PSNL

The connection

BTIG moved Personalis from Buy to Neutral, showing a less favorable view of its shares. The report gives no new company results to suggest a change in its business.

GSHD · Goosehead Insurance Inc

AI read · Bad for GSHD

The connection

Piper Sandler cut Goosehead's rating from Overweight to Neutral and lowered its target from $72 to $48 per share. The cut and downgrade point down, though $48 remained above Monday's $46.19 close.

PTC · PTC Inc

AI read · Neutral

The connection

BMO lowered PTC's rating from Outperform to Market Perform but raised its target from $164 to $205 per share. Those changes point in different directions, so the report gives no clear overall signal for PTC shares.

BZAI · Blaize Holdings Inc

AI read · Bad for BZAI

The connection

Rosenblatt moved Blaize from Buy to Neutral and cut its target from $2 to $0.40 per share. The downgrade and lower target point to a weaker view of Blaize shares.

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