In a report released today, James Picariello from KeyBanc maintained a Buy rating on Lear Corp (LEA), with a price target of $150.00. The company’s shares closed last Monday at $117.99.
According to TipRanks.com, Picariello is ranked #3302 out of 5538 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Lear Corp with a $139.00 average price target.
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Based on Lear Corp’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $182 million. In comparison, last year the company had a net profit of $250 million.
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Lear Corp. engages in the design, manufacture, and supply of automotive seat, electrical distribution systems, and electronic modules, as well as related sub-systems, components, and software. It operates through the Seating and E-Systems segments.
