Dana Incorporated Reports 2024 Third-Quarter Financial Results, Reports Strong Third-Quarter Profit Margin, Maintains Full-Year Free Cash Flow Guidance

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Go back to Dana Incorporated Reports 2024 Third-Quarter Financial Results, Reports Strong Third-Quarter Profit Margin, Maintains Full-Year Free Cash Flow Guidance

CFRA Downgrades Dana Holding (DAN) to Sell, PT $6

October 30, 2024 12:47 PM EDT

CFRA analyst Garrett Nelson downgraded Dana Holding (NYSE: DAN) from Hold to Sell with a price target of $6.00 (from $14.00).

The analyst comments "We lower our 12-month target to $6 from $14, based on a 2025 P/E of 6.0x, a steep but justified discount to historic averages. We lower... More