Visteon price target raised to $118 from $106 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Visteon (VC) to $118 from $106 and keeps a Buy rating on the shares after its Q1 results. Visteon’s bookings and product momentum will enable it to outgrow the market in the next few years, including from its wins with Toyota, in applications such as high performance compute and displays, and from adjacent markets such as two-wheelers and commercial vehicles, the analyst tells investors in a research note. While the supply chain environment remains dynamic, Visteon has taken steps to secure memory supply and continues to expect to offset the vast majority of this cost in 2026, the firm added.