Aptiv price target raised to $100 from $95 at Evercore ISI

Evercore ISI raised the firm’s price target on Aptiv (APTV) to $100 from $95 and keeps an Outperform rating on the shares. The firm, which adjusts its auto sector targets to 2027 methodologies, contends that the sector shows promise due to the “K-economy” and replacement demand. The firm sees 20%-plus upside for the auto sector in the next year, driven by a shift from “25 Fears” to “27 Outlooks,” the analyst added.