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.
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 LEA:
- Lear price target lowered to $109 from $116 at UBS
- Lear Corporation Reports Steady Q2 2025 Performance
- Balanced Risk-Reward Scenario Justifies Hold Rating on Lear Amid Strong Results and Cautious Outlook
- Morning Movers: Intel lower following second quarter earnings
- Lear restores FY25 revenue view $22.47B-$23.07B, consensus $22.67B