Dana Incorporated (DAN) has disclosed a new risk, in the Corporate Activity and Growth category.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Dana Incorporated faces significant business risk due to the pending sale of its Off-Highway business to Allison, which is contingent on various conditions including regulatory approvals. The potential for delays or unfavorable terms could impede the realization of anticipated strategic and financial benefits. Management’s focus might be diverted, impacting other business operations, while significant expenses related to the sale could strain resources. Additionally, failure to complete the sale promptly may trigger negative market reactions, adversely affecting Dana’s financial health and stock price.
Overall, Wall Street has a Moderate Buy consensus rating on DAN stock based on 5 Buys and 2 Holds.
To learn more about Dana Incorporated’s risk factors, click here.