RBC Capital Maintains Outperform on Visteon, Lowers Price Target to $129
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan maintains an Outperform rating on Visteon (NASDAQ:VC) but lowers the price target from $144 to $129.
August 22, 2024 | 3:34 pm
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RBC Capital has maintained its Outperform rating on Visteon but has lowered the price target from $144 to $129, indicating a more cautious outlook.
The maintenance of the Outperform rating suggests continued confidence in Visteon's performance, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company-specific factors. This could lead to a short-term negative impact on the stock price as investors adjust expectations.
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