Goldman Sachs lowered the firm’s price target on Lear (LEA) to $102 from $112 and keeps a Neutral rating on the shares following quarterly results. The firm views this report as mixed to somewhat negative. Positively, the company made further progress on net performance including with automation/efficiency efforts, and Lear announced some conquest wins in Seating and E-Systems. Goldman continues to view Lear as a leader in the seating market. However, the second half of 2025 EBIT guidance is below consensus, and revenue growth remains more challenged including due to its customer exposure.
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