TD Cowen analyst Jeffrey Osborne lowered the firm’s price target on Aptiv to $130 from $143 and keeps an Outperform rating on the shares. The firm said while the company maintained revenue and EBITDA guidance for 2023, GoM guidance was lowered. Cowen said bookings were strong with the company on track to reach its target for 2023 providing optimism GoM can rebound in 2024.
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- Aptiv price target lowered to $105 from $119 at Baird
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