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Aptiv (NYSE:APTV) Stock Rating Lowered by Fox Advisors
['Kim Johansen']
Markets Daily
Aptiv (NYSE:APTV – Get Free Report) was downgraded by stock analysts at Fox Advisors from an “overweight” rating to an “equal weight” rating in a research note issued on Wednesday.
Deutsche Bank Aktiengesellschaft cut Aptiv from a “buy” rating to a “hold” rating and set a $56.00 price target on the stock.
Nineteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock.
Negative Sentiment: Third-quarter guidance of $1.25-$1.35 EPS and $3.1 billion-$3.2 billion revenue is below consensus estimates of $1.61 EPS and $3.3 billion revenue, reinforcing concerns about near-term earnings momentum.
Third-quarter guidance of $1.25-$1.35 EPS and $3.1 billion-$3.2 billion revenue is below consensus estimates of $1.61 EPS and $3.3 billion revenue, reinforcing concerns about near-term earnings momentum.