Visteon upgraded to Outperform from Peer Perform at Wolfe Research

Wolfe Research analyst Shreyas Patil upgraded Visteon (VC) to Outperform from Peer Perform with a $123 price target Challenges tied to China and EV/battery management systems, two of the biggest headwinds Visteon has faced over the last few years, appear well understood and should not be major headwinds moving forward, the analyst tells investors in a research note. Visteon is one of the few suppliers poised to deliver “solid” organic growth through 2026, the firm contends.