B of A Securities Maintains Underperform on American Axle & Mfg Hldgs, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy maintains an Underperform rating on American Axle & Mfg Hldgs (NYSE:AXL) but raises the price target from $7 to $8.
July 22, 2024 | 5:09 pm
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NEUTRAL IMPACT
B of A Securities maintains an Underperform rating on American Axle & Mfg Hldgs (NYSE:AXL) but raises the price target from $7 to $8.
The Underperform rating suggests a negative outlook, but the raised price target indicates some positive expectations. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100