Phinia price target raised to $79 from $65 at Northland

Northland raised the firm’s price target on Phinia (PHIN) to $79 from $65 and keeps an Outperform rating on the shares. Improving volume trends and recent performance give the firm confidence that 2026 results return to the long-term growth rate of 2%-4%, says the analyst, who now models 2% revenue growth in 2026 and raised the firm’s adjusted EBITDA margin expectations.