RBC Capital raised the firm’s price target on Visteon to $187 from $182 and keeps an Outperform rating on the shares. The analyst cites the company’s Q3 earnings beat and notes that Visteon is executing well despite headwinds from UAW strikes, macro factors, and EV demand challenges.
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Read More on VC:
- Visteon price target lowered to $143 from $146 at UBS
- Visteon narrows FY23 revenue view to $3.95B-$4.025B from $3.95B-$4.15B
- Visteon Announces Third Quarter 2023 Results
- Visteon reports Q3 EPS $2.32, consensus $1.98
- Visteon upgraded to Equal Weight at Barclays ahead of possible ‘buy-the-news’ Q3
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