JPMorgan upgraded Nexteer Automotive (NTXVF) to Overweight from Neutral with a price target of HK$8, up from HK$5.50. The firm believes the stock will be driven by steer-by-wire order wins rather than earnings.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTXVF:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue