Barclays Upgrades Visteon to Overweight, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brian Johnson upgraded Visteon (NASDAQ:VC) from Equal-Weight to Overweight and increased the price target from $140 to $145.
April 10, 2024 | 2:54 pm
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Visteon upgraded by Barclays from Equal-Weight to Overweight with a price target increase from $140 to $145.
Upgrades by major financial institutions like Barclays often lead to positive short-term price movements due to increased investor confidence and perceived value. The increase in price target further supports the bullish outlook for Visteon, suggesting that the stock may perform well in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100