Deutsche Bank analyst Emmanuel Rosner raised the firm’s price target on Adient to $40 from $39 and keeps a Buy rating on the shares. The analyst believes Adient could report largely in-line Q1 results compared to consensus expectations despite slightly weaker than anticipated volumes, offset by easing FX pressure, favorable customer mix and ongoing efficiency improvements.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ADNT: