RBC Capital raised the firm’s price target on Lear (LEA) to $138 from $134 and keeps a Sector Perform rating on the shares. The company has maintained its FY26 guidance despite the Q1 earnings beat, though the company is currently tracking above the midpoint of guidance, the analyst tells investors in a research note. Progress with Chinese OEMs and a recovery in E-Systems could drive growth moving forward, the firm added.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEA:
