Deutsche Bank Reinstates Hold on Adient, Announces $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Edison Yu has reinstated a Hold rating on Adient (NYSE:ADNT) and set a price target of $24.
September 10, 2024 | 12:23 pm
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NEUTRAL IMPACT
Deutsche Bank has reinstated a Hold rating on Adient with a price target of $24, indicating a neutral stance on the stock's short-term performance.
The Hold rating suggests that Deutsche Bank does not expect significant short-term movement in Adient's stock price. The $24 price target provides a benchmark for investors, indicating that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100