Longbow Research Thinks Visteon Corp’s Stock is Going to Recover


In a report issued on April 26, Anthony Deem from Longbow Research maintained a Buy rating on Visteon Corp (VC), with a price target of $85. The company’s shares closed on Friday at $63.80, close to its 52-week low of $56.59.

According to TipRanks.com, Deem is ranked 0 out of 5 stars with an average return of -8.7% and a 24.1% success rate. Deem covers the Industrial Goods sector, focusing on stocks such as Veoneer Inc, Adient plc, and Lear Corp.

Visteon Corp has an analyst consensus of Hold, with a price target consensus of $77.09, a 20.8% upside from current levels. In a report issued on April 23, Robert W. Baird also upgraded the stock to Buy with a $108 price target.

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The company has a one-year high of $139.45 and a one-year low of $56.59. Currently, Visteon Corp has an average volume of 584.7K.

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Visteon Corp. engages in the design, engineering, and manufacture of electronics products, automotive vehicles and supplies automotive parts. The firm’s products include Instrument Clusters, Information Displays, Audio and Infotainment Systems, Telematics Solutions, Head-Up Displays, SmartCore Domain Controller and DriveCore Autonomous Driving Controller.

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