Barclays Maintains Underweight on Visteon, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Underweight rating on Visteon (NASDAQ:VC) and raises the price target from $130 to $135.
August 07, 2023 | 2:31 pm
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NEUTRAL IMPACT
Barclays maintains an Underweight rating on Visteon but raises the price target from $130 to $135.
The news is directly about Visteon and is likely to impact its stock price. While the Underweight rating suggests that Barclays believes the stock may underperform, the raised price target indicates a slightly more positive outlook. The net impact on the stock price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100