BUZZ-Aptiv slips after Guggenheim downgrades, citing tariff exposure

Reuters
06-04
BUZZ-Aptiv slips after Guggenheim downgrades, citing tariff exposure

** Auto parts supplier Aptiv APTV.N falls 3% to $65 in premarket trading

** Guggenheim downgrades co to 'neutral' from 'buy', removes prior price target of $64

** Says downgrading due to expected low revenue from China and as tariff situation continue to warrant caution

** Notes negative mix shifts globally, both from core electric vehicle customers and adverse mix shifts within the China market towards local original equipment manufacturers (OEMs) will weigh on growth in second half of 2025 and 2026

** Brokerage says tariffs and macro uncertainty likely to constrain OEM budgets leading to less investment from OEMs in growth initiatives

** 16 of 24 brokerages rate the stock "buy" or higher, 7 "hold" and 1 "sell"; their median PT is $72.78- data compiled by LSEG

** As of last close, stock had risen 10.6% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10