Barclays Maintains Equal-Weight on Dana, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy maintains an Equal-Weight rating on Dana (NYSE:DAN) but lowers the price target from $16 to $14.
October 15, 2024 | 5:29 pm
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Barclays analyst Dan Levy has maintained an Equal-Weight rating on Dana but has lowered the price target from $16 to $14, indicating a less optimistic outlook.
The lowering of the price target from $16 to $14 by Barclays suggests a less optimistic view on Dana's future performance, which could lead to a negative short-term impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target is a bearish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100