JPMorgan analyst Ryan Brinkman raised the firm’s price target on Lear (LEA) to $120 from $119 and keeps an Overweight rating on the shares. The firm increased estimates to reflect the Q1 beat. The improved regulatory backdrop reinforces management confidence in tariff pass-through, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEA: