Form 8-K LEAR CORP For: Jul 25
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Lear (LEA) PT Lowered to $162 at JPMorgan
July 26, 2024 4:48 AM EDTJPMorgan analyst Ryan Brinkman lowered the price target on Lear (NYSE: LEA) to $162.00 (from $166.00) while maintaining a Overweight rating.
The analyst comments "LEA shares rose +3.7% Thursday vs. the S&P 500s -0.5% after the firm reported 2Q earnings that tracked largely in line with Street estimates across most metrics (in contrast to most auto parts suppliers which we expect to disappoint this quarter) while only modestly trimming its full year outlook by a lesser degree than investors likely feared. 2Q revenue of $6,012 mn, was essentially in line with Bloomberg consensus for $6,042 mn and... More

