Deutsche Bank Reinstates Buy on Visteon, Announces $124 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Edison Yu has reinstated a Buy rating on Visteon (NASDAQ:VC) and set a price target of $124.
September 10, 2024 | 12:03 pm
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POSITIVE IMPACT
Deutsche Bank has reinstated a Buy rating on Visteon, setting a price target of $124. This positive analyst rating could lead to increased investor interest and potentially drive the stock price up in the short term.
The reinstatement of a Buy rating by a major bank like Deutsche Bank is a strong positive signal for investors. The $124 price target suggests potential upside, which may attract more buyers and increase demand for the stock, likely driving the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100