Barclays Maintains Overweight on Lear, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy maintains an Overweight rating on Lear (NYSE:LEA) but lowers the price target from $150 to $140.
October 15, 2024 | 5:33 pm
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Barclays analyst Dan Levy maintains an Overweight rating on Lear but lowers the price target from $150 to $140, indicating a slightly less optimistic outlook.
The maintenance of an 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