B of A Securities Maintains Underperform on American Axle & Mfg Hldgs, Raises Price Target to $7.5
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 $7.5.
August 12, 2024 | 11:15 am
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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 $7.5.
The Underperform rating suggests a negative outlook, but the raised price target indicates some positive expectations. The mixed signals are likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100