- The shares of Lear Corporation (NYSE: LEA) have received a price target of $204 from Deutsche Bank. These are the details.
The shares of Lear Corporation (NYSE: LEA) have received a price target of $204 from Deutsche Bank. And Deutsche Bank analyst Emmanuel Rosner increased the price target on Lear from $177 while maintaining a “Hold” rating on the shares.
Rosner is anticipating an eventful earnings season with the quarterly results being in-line. And the 2022 guidance from many suppliers is potentially meaningfully lower than ongoing consensus estimates.
This should reflect more cautious management outlooks around the shape of volume recovery, ongoing supply constraints, normalizing vehicle mix, and cost headwinds from commodities, freight, labor, and energy this year.
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