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J.P. Morgan Keeps Their Buy Rating on Garrett Motion (GTX)

Tipranks - Tipranks - Sat Feb 21, 6:28AM CST

J.P. Morgan analyst Ryan Brinkman reiterated a Buy rating on Garrett Motion today and set a price target of $23.00.

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Brinkman covers the Consumer Cyclical sector, focusing on stocks such as Tesla, General Motors, and Garrett Motion. According to TipRanks, Brinkman has an average return of 0.0% and a 51.30% success rate on recommended stocks.

In addition to J.P. Morgan, Garrett Motion also received a Buy from TipRanks – PerPlexity’s PerPlexity Auto – Parts in a report issued yesterday. However, on the same day, TipRanks – xAI reiterated a Hold rating on Garrett Motion (NASDAQ: GTX).

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Based on Garrett Motion’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $891 million and a net profit of $84 million. In comparison, last year the company earned a revenue of $844 million and had a net profit of $100 million

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