RBC Capital Maintains Outperform on Aptiv, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan maintains an Outperform rating on Aptiv (NYSE:APTV) but lowers the price target from $82 to $72.
November 01, 2024 | 4:26 pm
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RBC Capital has maintained its Outperform rating on Aptiv but reduced the price target from $82 to $72, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Aptiv's performance, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company-specific factors. This could lead to a short-term negative impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100