Aptiv price target raised to $112 from $108 at Wells Fargo

Wells Fargo analyst Colin Langan raised the firm’s price target on Aptiv to $112 from $108 and keeps an Equal Weight rating on the shares. Aptiv traded up 3% after a strong Q2 beat driven by significant strength in ASUX, and shifted gears on their FY23 conservatism, the analyst tells investors in a research note.