On Oct 25, major Wall Street analysts update their ratings for $Lear (LEA.US)$, with price targets ranging from $106 to $130.
Goldman Sachs analyst Mark Delaney maintains with a buy rating, and adjusts the target price from $135 to $127.
Wells Fargo analyst Colin Langan maintains with a hold rating, and adjusts the target price from $114 to $106.
Evercore analyst Chris McNally maintains with a hold rating, and maintains the target price at $130.
TD Cowen analyst Jeff Osborne maintains with a buy rating, and maintains the target price at $125.
Furthermore, according to the comprehensive report, the opinions of $Lear (LEA.US)$'s main analysts recently are as follows:
Lear's third-quarter outcomes surpassed expectations, despite a reduction in consensus following its September announcement that forecasts for 2024 were not as positive as previously anticipated. The company's projected fourth-quarter revenue and core operating income, which are seen as falling short of market expectations, reflect a more conservative 2024 outlook due to increasingly subdued customer production forecasts, particularly in Europe.
The firm indicated that Lear's quarterly results showed durability in the face of obstacles; however, it anticipates that these challenges will persist, fostering a sense of uncertainty and prudence as the market looks toward 2025.
Here are the latest investment ratings and price targets for $Lear (LEA.US)$ from 4 analysts:
Note:
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