Wells Fargo analyst Colin Langan lowered the firm’s price target on Aptiv (APTV) to $74 from $87 and keeps an Overweight rating on the shares. Aptiv’s Q3 EBIT missed consensus by 2% and management lowered FY24 sales and EBIT guidance by 2% and 3%, respectively, the analyst tells investors in a research note.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter