Aptiv price target raised to $135 from $128 at Baird

Baird analyst Luke Junk raised the firm’s price target on Aptiv to $135 from $128 and keeps an Outperform rating on the shares. The analyst said overall, we are positive as earnings settle back into a more predictable cadence, see management’s 2023 production view as de-facto conservative, and like what we heard on Wind River which still plenty of room for sentiment to improve.