Barclays Maintains Equal-Weight on Visteon, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on Visteon (NASDAQ:VC) but reduced the price target from $158 to $140. This adjustment reflects a more conservative valuation of Visteon's stock by Barclays.

January 24, 2024 | 9:26 pm
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Barclays has maintained an Equal-Weight rating on Visteon but lowered the price target from $158 to $140, indicating a more cautious outlook on the stock's value.
The reduction in price target by a notable analyst like Raimo Lenschow from Barclays can lead to a negative short-term impact on Visteon's stock price as it suggests a lower expected valuation. Investors often react to such changes in price targets, especially when they come from major financial institutions.
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