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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTXVF: