business / news / / Markets Insider
Goldman Sachs analyst Mark Delaney reinstated coverage of Aptiv (APTV) with a Buy rating and $74 price target.
Goldman Sachs reinstated coverage of Aptiv with a Buy rating and $74 price target.
KEY POINTS
- Aptiv recently spun off its Electrical Distribution Systems business as a new company called Versigent.
- Goldman expects Aptiv’s non-auto businesses to grow faster than the tier 1 supplier median.
- Improvement in Class 8 trucking and strength in industrial and A&D sectors support Aptiv’s outlook.
COMPANIES
Summarized by Newsio from Markets Insider. How we summarize →