Raymond James analyst Michael Glen lowered the firm’s price target on Magna (MGA) to $50 from $53 and keeps a Market Perform rating on the shares. Magna’s Q4 results tracked largely ahead of expectations, but guidance for 2025 was “underwhelming,” the analyst tells investors in a research note. The biggest risk to the numbers remains trade and tariff related, which the company has yet to factor in given the unknowns that still exist, the firm says.
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