Citi lowered the firm’s price target on Valeo (VLEEY) to EUR 10.50 from EUR 10.80 and keeps a Neutral rating on the shares. The firm said that, with the range of outcomes very wide, it prefers tire names in 2025 where free cash flow, cash returns, and tariff risks are appreciably lower. The firm sees a challenging outlook for EU suppliers on volume uncertainty, competition/net pricing and leverage concerns, with absolute downside risks reduced somewhat by consolidation optionality, valuations, and self-help.
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 VLEEY:
- Valeo price target lowered to EUR 10.50 from EUR 10.80 at Citi
- Volkswagen-Valeo Deal Masks Underlying Weakness in Mobileye Global Stock (MBLY)
- Intel-Owned Mobileye Stock (MBLY) Rallies 9% on ADAS Tech Deal with Volkswagen and Valeo
- Valeo downgraded to Neutral from Outperform at Exane BNP Paribas
- Valeo’s Strong Market Position and Promising Financial Outlook Justify Buy Rating
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue