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Lear price target raised to $120 from $119 at JPMorgan

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.

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