Latest Zero-Emission Offerings Spark Bullish Views on Garrett Motion (GTX)

Group 1 - Garrett Motion (NASDAQ:GTX) is viewed positively by hedge funds, with a bullish sentiment reflected in the stock's coverage by three analysts, all assigning Buy ratings and a median 1-year price target of $22, indicating over 20% upside potential [1] - Ryan Brinkman from JPMorgan initiated coverage on Garrett Motion, assigning an Overweight rating and forecasting a target price of $23, which implies a 26% upside potential [2] - Brinkman highlighted potential tailwinds from the company's zero-emission vehicle offerings and a lower risk profile for its internal combustion engine business, along with strong free cash conversion and a favorable leverage position [3] Group 2 - Garrett Motion specializes in turbocharging, electric boosting, and air & fluid compression technologies, primarily serving commercial vehicle OEMs and aftermarket distributors, with a focus on improving powertrain efficiency and reducing emissions [4] - The company is also involved in developing technologies for zero-emission mobility and industrial applications [4]