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Aptiv price target raised to $162 from $155 at Citi

Citi analyst Itay Michaeli raised the firm’s price target on Aptiv to $162 from $155 and keeps a Buy rating on the shares. The company reported an “encouraging Q2 beat/raise,” highlighted by improved go-to-market, stronger ASUX margins and encouraging business momentum at Intercable, the analyst tells investors in a research note.

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