RBC Capital Maintains Sector Perform on Magna International, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan has maintained a 'Sector Perform' rating on Magna International (NYSE:MGA) and raised the price target from $57 to $58.
November 06, 2023 | 4:53 pm
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NEUTRAL IMPACT
RBC Capital has maintained a 'Sector Perform' rating on Magna International and raised the price target from $57 to $58.
The news of RBC Capital maintaining a 'Sector Perform' rating on Magna International and raising the price target could potentially influence investor sentiment. However, as the price target increase is minimal, the impact on the stock price may be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100