JP Morgan Maintains Neutral on Adient, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Brinkman maintains a Neutral rating on Adient (NYSE:ADNT) but lowers the price target from $31 to $27.
August 08, 2024 | 4:03 pm
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JP Morgan analyst Ryan Brinkman maintains a Neutral rating on Adient (NYSE:ADNT) but lowers the price target from $31 to $27.
The lowered price target from $31 to $27 by JP Morgan suggests a less optimistic outlook for Adient's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100