TD Cowen Downgrades Gauzy (NASDAQ:GAUZ) to Hold

Gauzy (NASDAQ:GAUZ) was downgraded by research analysts at TD Cowen from a “buy” rating to a “hold” rating in a research note issued to investors on Friday, MarketBeat reports. They presently have a $10.00 price objective on the stock. TD Cowen’s price objective suggests a potential upside of 15.74% from the stock’s current price.

A number of other research firms have also weighed in on GAUZ. Barclays decreased their target price on shares of Gauzy from $24.00 to $15.00 and set an “overweight” rating on the stock in a report on Wednesday, November 13th. B. Riley decreased their target price on shares of Gauzy from $15.50 to $14.00 and set a “buy” rating on the stock in a report on Wednesday, November 13th.

Gauzy Stock Performance

Shares of NASDAQ:GAUZ opened at $8.64 on Friday. The company has a 50 day moving average of $10.74 and a 200 day moving average of $9.64. The company has a quick ratio of 0.85, a current ratio of 1.16 and a debt-to-equity ratio of 0.40. Gauzy has a 12 month low of $6.78 and a 12 month high of $17.10.

Hedge Funds Weigh In On Gauzy

A number of institutional investors have recently made changes to their positions in the stock. WR Wealth Planners LLC increased its holdings in shares of Gauzy by 200.0% in the 4th quarter. WR Wealth Planners LLC now owns 3,000 shares of the company’s stock worth $30,000 after buying an additional 2,000 shares during the last quarter. Connors Investor Services Inc. bought a new position in shares of Gauzy in the 4th quarter worth $109,000. Citadel Advisors LLC increased its holdings in shares of Gauzy by 4.9% in the 4th quarter. Citadel Advisors LLC now owns 441,864 shares of the company’s stock worth $4,379,000 after buying an additional 20,674 shares during the last quarter. Northern Trust Corp bought a new position in shares of Gauzy in the 4th quarter worth $505,000. Finally, Zimmer Partners LP increased its holdings in shares of Gauzy by 9.9% in the 4th quarter. Zimmer Partners LP now owns 649,903 shares of the company’s stock worth $6,441,000 after buying an additional 58,587 shares during the last quarter.

Gauzy Company Profile

Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.