B of A Securities Maintains Buy on Visteon, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy has maintained a Buy rating on Visteon (NASDAQ:VC) but has lowered the price target from $165 to $160.

February 29, 2024 | 3:12 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Visteon but lowers the price target from $165 to $160.
While the reduction in price target could suggest a slightly less optimistic outlook on Visteon's future stock performance, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals. This mixed signal could lead to a neutral short-term impact on Visteon's stock price as investors weigh the lowered price target against the sustained Buy recommendation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100