B of A Securities Maintains Buy on Adient, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy maintains a Buy rating on Adient (NYSE:ADNT) but lowers the price target from $42 to $40.

July 22, 2024 | 5:07 pm
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NEUTRAL IMPACT
B of A Securities analyst John Murphy maintains a Buy rating on Adient but lowers the price target from $42 to $40.
The Buy rating suggests continued confidence in Adient's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100