JP Morgan Maintains Overweight on Dana, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Brinkman has maintained an Overweight rating on Dana Inc. (NYSE:DAN) but has lowered the price target from $19 to $18.
February 26, 2024 | 12:46 pm
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JP Morgan analyst Ryan Brinkman maintains an Overweight rating on Dana Inc. but lowers the price target from $19 to $18.
While the maintenance of an Overweight rating suggests a positive outlook on Dana Inc., the reduction in the price target could indicate a tempered expectation for the stock's short-term performance. This mixed signal might lead to a neutral short-term impact on the stock price.
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