TD Cowen lowered the firm’s price target on Lear (LEA) to $125 from $142 and keeps a Buy rating on the shares. The firm said its quarterly results displayed resilience amid headwinds but the challenges are expected to continue causing uncertainty and cautiousness leading into 2025.
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Read More on LEA:
- Lear price target lowered to $127 from $135 at Goldman Sachs
- Morning Movers: UPS ascends and Textron descends after quarterly reports
- Lear lowers FY24 revenue view to $22.95B-$23.15B from $23.23B-$23.67B
- Lear reports Q3 adjusted EPS $2.89, consensus $2.63
- Notable companies reporting before tomorrow’s open