Freedom Capital analyst Dmitriy Pozdnyakov initiated coverage of Adient (ADNT) with a Buy rating and $33 price target The automotive components manufacturer plans to expand its presence in the Chinese market in the coming years, notes the analyst, who thinks revenue growth could accelerate after 2026 and that Adient’s operating margin could increase significantly in the coming years.
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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADNT: