Aptiv shares are trading lower after Morgan Stanley downgraded the stock from Equal-Weight to Underweight and lowered its price target from $90 to $74.
Portfolio Pulse from Benzinga Newsdesk
Aptiv's stock price is trading lower following a downgrade by Morgan Stanley from Equal-Weight to Underweight, with a reduced price target from $90 to $74.
February 07, 2024 | 3:42 pm
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Aptiv's stock is trading lower after Morgan Stanley downgraded the stock to Underweight and lowered the price target to $74.
The downgrade by a major financial institution like Morgan Stanley can significantly impact investor sentiment and stock price. The reduction in price target suggests a bearish outlook on the stock, likely leading to a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100