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Lear price target raised to $133 from $126 at Wells Fargo

Wells Fargo raised the firm’s price target on Lear (LEA) to $133 from $126 and keeps an Equal Weight rating on the shares. The firm notes Lear traded higher after guidance and added backlog. Wells also highlights $250M of new 2026-2027 business for both Seating & E-systems, and major GM wiring program win.

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