JP Morgan Maintains Neutral on Adient, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Brinkman maintains a Neutral rating on Adient (NYSE:ADNT) and raises the price target from $38 to $42.
July 20, 2023 | 2:19 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan maintains a Neutral rating on Adient and raises the price target from $38 to $42. This could potentially attract investors, leading to a short-term increase in the stock price.
The raised price target by JP Morgan indicates a positive outlook for Adient. This could potentially attract investors, leading to a short-term increase in the stock price. However, the Neutral rating suggests that the stock is fairly valued at its current price, which might limit the upside potential.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100