Deutsche Bank lowered the firm’s price target on Lear to $137 from $141 and keeps a Hold rating on the shares. The firm expects the U.S. auto group to report generally in-line Q4 reports but continues to see “broad downside risk” to the sector’s 2024 outlooks. The target change is part of the firm’s 2024 guidance preview.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on LEA: