Citigroup Maintains Neutral on Lear, Raises Price Target to $152
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a Neutral rating on Lear Corporation (NYSE:LEA) and raised the price target from $140 to $152.

July 18, 2023 | 4:18 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Lear Corporation and raised the price target from $140 to $152.
The news is directly about Lear Corporation. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $140 to $152 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100