Citigroup Maintains Neutral on American Axle & Mfg Hldgs, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli maintains a Neutral rating on American Axle & Mfg Hldgs (AXL) and raises the price target from $7.5 to $8.
May 06, 2024 | 6:25 pm
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Citigroup maintains a Neutral rating on American Axle & Mfg Hldgs and raises the price target from $7.5 to $8.
The increase in price target by Citigroup suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism and a slight increase in stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90