Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Gentex (GNTX) -- Ignore unavailable to you. Want to Upgrade?

To: prolific who wrote (107)	6/4/1998 10:29:00 AM
From: prolific	Read Replies (1) \| Respond to of 196

06/04 08:33 SALOMON SMITH BARNEY SAYS UPGRADES GENTEX <GNTX.O> TO OUTPERFORM FROM NEUTRAL NEW YORK, June 4 (Reuters) - Salomon Smith Barney said on Thursday it raised its rating on shares of Gentex Corp. to outperform from neutral and transferred coverage of the company to a new analyst, Ronald Tadross. -- Sets $44 per share price target on the stock. -- Gentex is largest supplier of self-dimming mirrors for cars and light trucks with a 90 percent market share and Tadross thinks it will remain so. -- Sees market growing about 25 percent a year. -- New products, long-term customer agreements and the new business backlog create strong and stable two year growth horizon for Gentex, he said. -- Stock closed at 37.