Barclays Maintains Equal-Weight on Magna International, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy has maintained an Equal-Weight rating on Magna International (NYSE:MGA) and raised the price target from $60 to $63.

August 07, 2023 | 2:08 pm
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Barclays has maintained an Equal-Weight rating on Magna International and raised the price target from $60 to $63.
The news of Barclays maintaining an Equal-Weight rating on Magna International and raising the price target is directly related to the company and is likely to have a positive impact on the stock price in the short term. Investors may see this as a sign of confidence in the company's performance and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100