Barclays Maintains Equal-Weight on Dana, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy has maintained an Equal-Weight rating on Dana Inc. (NYSE:DAN) and reduced the price target from $16 to $15.

February 28, 2024 | 4:10 pm
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Barclays has maintained an Equal-Weight rating on Dana Inc. but lowered the price target from $16 to $15.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Dana Inc. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or sector, but the lowered price target indicates a revision of the expected performance level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100