Aptiv PLC (APTV) has attracted attention from various investors and firms such as AlTi Global Inc., Alyeska Investment Group L.P., and Northern Trust Corp with new investments and shares acquisition. Despite hitting a 52-week low at $51.4 amid market challenges, positive developments such as exceeded earnings and revenue estimates, strong Q1 performance, and quarterly earnings result beating expectations has resulted in several analaysts raising the price target.
Barclays increased it to $65, then reduced it to $55 but other firms such as
Baird and the
RBC Capital also raised it. However, firms like
Raymond James,
UBS, and
Barclays downgraded the stock due to market and auto industry challenges. Notably,
HSBC raised the stock rating to Buy with a target of $77. The company's plan for a tax-free spin-off of its $8.3 billion electrical systems business also spurred stock surge.
Aptiv Stocks APTV News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Sat, 10 May 2025 05:33:24 GMT -
Rating -2
- Innovation 5
- Information 8
- Rumor 1
