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Gentex (GNTX) Upgrade Alert, Watch for 43.8% Technical Uptrend Continuation

Oct 26, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Gentex Corp. (GNTX)

Gentex (NASDAQ:GNTX) upgraded to Outperform from Market Perform, $22-23 target, at Wells Fargo. The stock closed Friday at $16.49 on volume of 1,242,022 shares, below average daily volume of 1,459,052.

Gentex is currently above its 50-day moving average of $14.57 and above its 200-day moving average of $11.85.

SmarTrend is bullish on shares of GNTX and our subscribers received an Uptrend alert on July 16, 2009 at $11.46, which has returned 43.8% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Gentex Corp. (GNTX)


Related terms: market, nasdaq, securities

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