Stock Track | Adient PLC Soars 5.07% Intraday on Multiple Analyst Upgrades and Price Target Hikes

Stock Track

02/05

Adient PLC's stock surged 5.07% during intraday trading on Thursday, reflecting strong positive investor sentiment.

The sharp rise appears driven by a series of bullish analyst actions. Deutsche Bank upgraded Adient from Hold to Buy and significantly raised its price target to $33 from $26. Concurrently, UBS maintained its Buy rating while increasing its price target to $32 from $30, citing a growth inflection on the horizon. Morgan Stanley also raised its price target, albeit while maintaining an Equal-Weight rating on the shares.

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Deutsche Bank upgraded Adient from Hold to Buy and significantly raised its price target to $33 from $26. Concurrently, UBS maintained its Buy rating while increasing its price target to $32 from $30, citing a growth inflection on the horizon. 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