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Barclays lowers Lear Corporation's price target to $85, maintaining a "neutral" rating amid mixed market signals.
Barclays has lowered its price target for Lear Corporation, an auto parts company, from $115 to $85, indicating a "neutral" rating.
This follows similar reductions from other analysts, though Lear recently beat earnings estimates.
The company currently has a "Hold" consensus rating with an average target price of around $114.
An institutional investor has also increased its stake in Lear.
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Barclays baja el precio objetivo de Lear Corporation a $85, manteniendo una calificación "neutral" en medio de señales de mercado mixtas.