Deutsche Bank Reinstates Hold on American Axle & Mfg Hldgs, Announces $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Edison Yu has reinstated a Hold rating on American Axle & Mfg Hldgs (NYSE:AXL) and set a price target of $6.
September 10, 2024 | 12:24 pm
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NEUTRAL IMPACT
Deutsche Bank has reinstated a Hold rating on American Axle & Mfg Hldgs with a price target of $6, indicating a neutral outlook.
The Hold rating suggests that Deutsche Bank does not expect significant short-term price movement for AXL. The $6 price target provides a benchmark for investors, indicating a neutral stance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100