Evercore ISI Group Maintains In-Line on Magna International, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Chris McNally maintains an In-Line rating on Magna International (NYSE:MGA) but lowers the price target from $60 to $50.
July 15, 2024 | 3:42 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Evercore ISI Group analyst Chris McNally maintains an In-Line rating on Magna International (NYSE:MGA) but lowers the price target from $60 to $50.
The lowered price target from $60 to $50 by Evercore ISI Group suggests a less optimistic outlook for Magna International, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100