UBS Maintains Neutral on Magna International, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joseph Spak has maintained a Neutral rating on Magna International (NYSE:MGA) and lowered the price target from $63 to $58.

October 10, 2023 | 4:02 pm
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UBS has maintained a Neutral rating on Magna International and lowered the price target from $63 to $58.
The news directly pertains to Magna International as UBS, a major financial institution, has maintained a Neutral rating on the company and lowered its price target. This could potentially influence investor sentiment and the stock's market performance. However, as the rating remains Neutral, the immediate impact on the stock price may be limited.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100