Jefferies & Company kept its Buy rating on Lear Corp. (LEA) Friday after the company reported earnings.
Jefferies states,"LEA upsided 1Q consensus by a resounding 28%. At 3.7x forward EBITDA, we feel the shares are simply too cheap to ignore. Reiterate Buy rating."
Shares of Lear Corp. (LEA) closed at $51.14 on Friday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Posted In: Analyst ColorAnalyst RatingsAuto Parts & EquipmentConsumer DiscretionaryJefferies & CoLear Corp.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
