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Stock impact report

Favorable Sector Outlook Bodes Well for Visteon (VC) [Yahoo! Finance]

Visteon Corporation (VC) 
Last visteon corporation earnings: 4/30 06:55 am Check Earnings Report
US:NYSE Investor Relations: visteon.com/investors
Company Research Source: Yahoo! Finance
On January 15, Goldman Sachs analyst Mark Delaney reiterated his Buy rating on Visteon Corp (NASDAQ:VC), while lowering the price target from $130 to $120. The revised target leads to an upside potential of almost 30% at the current level. Copyright: dolgachov / 123RF Stock Photo Delaney's rating is based on recent data for auto sales, along with growth expectations for the coming year. Projections remain favorable for the sector amid comments from various suppliers during the last quarter's conferences. On January 14, Luke Junk from Robert W. Baird also maintained an Outperform rating on Visteon Corp (NASDAQ:VC), while reducing his price target from $141 to $126. Despite the downward revision, Junk's forecast yields an impressive 36% upside for investors. Junk's rating came at the back of Baird's adjustments to vehicle technology and mobility stocks based on the fourth quarter earnings preview. The analyst noted certain headwinds related to supply chain disruptions. Visteo Show less Read more
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