Stifel lifts Gentherm stock price target on strong earnings beat

TL;DR

Key Points - - Business momentum driven by wealth and investment banking: Global Wealth Management posted a record $932 million in net revenue with $539 billion in client assets ($220 billion fee-based), while Institutional revenue was $495 million (up 29%) led by $341 million in investment banking (up 44%) and advisory revenue up 59% Stifel raises Patterson-UTI Energy price target on drilling outlook.