Citigroup Maintains Neutral on Magna International, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a Neutral rating on Magna International (NYSE:MGA) and lowered the price target from $61 to $58.

October 11, 2023 | 3:33 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Magna International and lowered the price target from $61 to $58.
The news directly pertains to Magna International as Citigroup has maintained a Neutral rating on the company and lowered the price target. This could potentially influence investor sentiment and impact the stock's price in the short term. However, as the rating remains Neutral, the price direction is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100