Morgan Stanley Maintains Underweight on Aptiv, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas maintains an Underweight rating on Aptiv (NYSE:APTV) and lowers the price target from $70 to $68.
September 25, 2024 | 2:15 pm
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Morgan Stanley's analyst Adam Jonas has maintained an Underweight rating on Aptiv and reduced the price target from $70 to $68, indicating a bearish outlook.
The Underweight rating suggests that the analyst expects Aptiv to underperform relative to the market. The reduction in the price target from $70 to $68 further indicates a negative outlook, which could lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100