JP Morgan Maintains Neutral on Visteon, Lowers Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Brinkman has maintained a Neutral rating on Visteon (NASDAQ:VC) but has reduced the price target from $160 to $148.

January 25, 2024 | 12:06 pm
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Visteon's price target has been lowered from $160 to $148 by JP Morgan, although the Neutral rating is maintained.
A reduction in price target by a major analyst like JP Morgan can be seen as a negative signal, potentially leading to a short-term decline in the stock price. The Neutral rating indicates that the analyst does not see significant upside or downside, but the lowered target suggests a tempered expectation of future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100