RBC Capital Maintains Outperform on Visteon, Lowers Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan maintains an Outperform rating on Visteon (NASDAQ:VC) but lowers the price target from $129 to $124.
October 25, 2024 | 6:22 pm
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RBC Capital has maintained its Outperform rating on Visteon but has lowered the price target from $129 to $124, indicating a slight decrease in expected valuation.
The maintenance of the Outperform rating suggests continued confidence in Visteon's performance, but the lowered price target indicates a slight reduction in expected future valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100