UPDATE: BofA/Merrill Lynch Upgrades Adient Plc. (ADNT) to Neutral
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Price: $20.38 --0%
Rating Summary:
10 Buy, 11 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 13 | New: 19
Rating Summary:
10 Buy, 11 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 13 | New: 19
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(Updated - September 13, 2018 11:46 AM EDT)
(updated to add analyst name and price target and correct company name and ticker)
BofA/Merrill Lynch upgraded Adient (NYSE: ADNT) from Underperform to Neutral, price target $44.00 (from $37.00).
The analyst says the DelGrosso appointment is a much need stablizing force for the equity but remains cautious noting a plethora of issues remain ahead for the equity that may limit upside.
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