Goldman Sachs Maintains Buy on Lear, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney maintains a Buy rating on Lear Corporation (NYSE:LEA) but lowers the price target from $144 to $135.
October 01, 2024 | 6:00 pm
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Goldman Sachs has maintained its Buy rating on Lear Corporation but has lowered the price target from $144 to $135, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Lear's performance, but the lowered price target indicates a tempered outlook. This could lead to neutral short-term price movement as the market digests the mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100