Goldman Sachs analyst Mark Delaney raised the firm’s price target on Aptiv to $118 from $114 and keeps a Buy rating on the shares after its Q4 earnings beat. The company is well positioned to drive solid EPS growth in the coming years when considering a combination of factors, including solid bookings, improving margins, backing away and/or exiting the Motional JV, and increased buybacks, the analyst tells investors in a research note.
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