Barrington analyst Gary Prestopino lowered the firm’s price target range on Commercial Vehicle Group (CVGI) to $3-$5 from $5-$7 and keeps an Outperform rating on the shares following the Q1 report. The company reported better than expected Q1 results but its end markets remain in a downturn, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CVGI: