Wells Fargo lowered the firm’s price target on Aptiv (APTV) to $100 from $106 and keeps an Overweight rating on the shares. The firm notes Aptiv traded down despite a large Q3 beat. Guide implies an 80bps quarter-over-quarter margin decline into Q4 on disruption, recoveries and fx/copper. Management is optimistic on 2026 as ASUX and China turn. Wells would be a buyer on the near-term weakness.
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 APTV: