Morgan Stanley Maintains Equal-Weight on Aptiv, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has maintained an Equal-Weight rating on Aptiv (NYSE:APTV) but reduced the price target from $100 to $90.
November 14, 2023 | 2:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Aptiv but lowered the price target from $100 to $90, indicating a more cautious outlook.
The reduction in price target by a prominent analyst like Adam Jonas suggests a more conservative valuation of Aptiv, which could lead to a negative short-term sentiment among investors and potentially a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100