Scotiabank analyst Jonathan Goldman lowered the firm’s price target on Linamar (LIMAF) to C$61 from C$73 and keeps a Sector Perform rating on the shares. Regardless of how and when tariffs play out, the firm believes the outlook for the Autos & Components sector is incrementally negative, the analyst tells investors.
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Read More on LIMAF:
- Linamar Corp. Navigates Challenges in Earnings Call
- Linamar (LIMAF) Discloses Q2 Dividend: What Shareholders Should Know
- Linamar price target lowered to C$65 from C$75 at BMO Capital
- Positive Outlook for Linamar: Buy Rating Supported by Mobility Segment Growth and Strategic Positioning
- Linamar Achieves Record Sales and Earnings Growth in 2024
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