Visteon price target lowered to $143 from $146 at UBS

UBS lowered the firm’s price target on Visteon (VC) to $143 from $146 and keeps a Neutral rating on the shares. A Q3 beat was aided by timing and guidance was “tweaked” for the UAW strike, but upside is “likely,” the analyst tells investors in a post-earnings note. The transition to EV is going slower for many global OEMs, punctuated by General Motors’ (GM) Ultium push out, which is an important program for Visteon’s BMS business, said the analyst, who points to this as the primary reason the firm’s 2026 revenue forecast of $4.9B is below management’s $5.5B target.