UBS Maintains Neutral on American Axle & Mfg Hldgs, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joseph Spak has maintained a Neutral rating on American Axle & Mfg Hldgs (NYSE:AXL) and lowered the price target from $9 to $8.
October 10, 2023 | 3:05 pm
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NEGATIVE IMPACT
UBS has maintained a Neutral rating on American Axle & Mfg Hldgs and lowered the price target from $9 to $8.
The lowering of the price target by UBS from $9 to $8 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100