RBC Capital Maintains Sector Perform on American Axle & Mfg Hldgs, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan maintains a 'Sector Perform' rating on American Axle & Mfg Hldgs (NYSE:AXL) and lowers the price target from $8 to $6.
November 06, 2023 | 5:14 pm
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RBC Capital has lowered the price target for American Axle & Mfg Hldgs (AXL) from $8 to $6 while maintaining a 'Sector Perform' rating.
The lowering of the price target by RBC Capital indicates a less optimistic outlook for the company's stock, which could potentially lead to a decrease in its stock price in the short term.
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