Benchmark Maintains Buy on Adient, Raises Price Target to $62
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Michael Ward maintains a Buy rating on Adient (NYSE:ADNT) and raises the price target from $58 to $62.
August 07, 2023 | 1:46 pm
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POSITIVE IMPACT
Adient's price target has been raised from $58 to $62 by Benchmark analyst Michael Ward, who maintains a Buy rating on the stock.
The news of a price target increase and maintained Buy rating by a Benchmark analyst is likely to have a positive impact on Adient's stock in the short term. Investors often react positively to such news as it indicates a potential increase in the stock's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100