Morgan Stanley Maintains Overweight on American Axle & Mfg Hldgs, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Armintas Sinkevicius has maintained an Overweight rating on American Axle & Mfg Hldgs (NYSE:AXL) but lowered the price target from $12 to $10.
September 28, 2023 | 12:43 pm
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Morgan Stanley has maintained an Overweight rating on AXL but lowered the price target from $12 to $10.
The lowering of the price target by Morgan Stanley could lead to a negative sentiment among investors, potentially causing a short-term decrease in the stock price of AXL.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100