Barclays analyst Dan Levy lowered the firm’s price target on Adient to $54 from $57 and keeps an Overweight rating on the shares. The analyst sees a "low bar" into the Q1 earnings for the U.S. auto and mobility sector. This implies an opportunity for positive share reactions, the analyst tells investors in a research note. End markets have "held in," but more improvement is required, and company outlooks will likely be maintained, the analyst tells investors in a research note. It is positive on Aptiv (APTV) and BorgWarner (BWA) into the quarter and negative on Ford (F).
Published first on TheFly
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