Morgan Stanley Maintains Overweight on Lear, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas maintains an Overweight rating on Lear Corporation (NYSE:LEA) but lowers the price target from $150 to $145.
September 25, 2024 | 2:17 pm
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Morgan Stanley's analyst Adam Jonas has maintained an Overweight rating on Lear Corporation but has reduced the price target from $150 to $145, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in Lear's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100