Barclays Maintains Overweight on Lear, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brian Johnson has maintained an Overweight rating on Lear (NYSE:LEA) but lowered the price target from $177 to $175.
October 30, 2023 | 1:43 pm
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Barclays has maintained an Overweight rating on Lear but lowered the price target from $177 to $175.
While the Overweight rating indicates that Barclays expects Lear's stock to outperform, the lowering of the price target could create some uncertainty among investors. However, as the reduction is relatively small, the overall impact on the stock's short-term price is likely to be neutral.
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