Wells Fargo Maintains Equal-Weight on Lear, Lowers Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan has maintained an Equal-Weight rating on Lear Corporation (NYSE:LEA) but has lowered the price target from $131 to $114.
September 20, 2024 | 2:52 pm
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Wells Fargo has maintained an Equal-Weight rating on Lear Corporation but reduced the price target from $131 to $114, indicating a less optimistic outlook.
The reduction in price target from $131 to $114 by Wells Fargo suggests a less optimistic view on Lear's future performance, which could lead to a negative short-term impact on the stock price.
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