TD Securities analyst Brian Morrison raised the firm’s price target on Magna (MGA) to $76 from $75 and keeps a Buy rating on the shares. The firm views the company’s Q1 report as solid. Magna is positioned to achieve the mid-to-high end of its guidance, the analyst tells investors in a research note. TD views the post-earnings selloff as a buying opportunity.
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Read More on MGA:
- Magna International Files Q1 2026 Results and Form 6-K with U.S. SEC
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- Magna backs FY26 adjusted EPS view $6.25-$7.25, consensus $6.70
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