BMO Capital Maintains Outperform on Magna International, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Tamy Chen maintains an Outperform rating on Magna International (NYSE:MGA) but lowers the price target from $67 to $65.

February 12, 2024 | 3:13 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Magna International but lowers the price target from $67 to $65.
The adjustment in price target by BMO Capital, while maintaining an Outperform rating, suggests a slight moderation in expectations for Magna International's stock performance. However, the continued positive outlook indicates underlying strength. The direct mention and specific action taken on the stock's price target make this news highly relevant and important for investors in MGA. The confidence in the analysis is high due to the clear action taken by a reputable analyst firm.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100