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Aptiv (APTV) Gets a Buy from RBC Capital

Tipranks - Tipranks - Tue Apr 14, 8:52PM CDT

In a report released on April 10, Tom Narayan from RBC Capital maintained a Buy rating on Aptiv, with a price target of $81.00. The company’s shares closed yesterday at $59.65.

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According to TipRanks, Narayan is a 4-star analyst with an average return of 6.1% and a 44.60% success rate. Narayan covers the Consumer Cyclical sector, focusing on stocks such as Tesla, Mercedes-Benz Group, and Dauch Corporation.

In addition to RBC Capital, Aptiv also received a Buy from Oppenheimer’s Colin Rusch in a report issued yesterday. However, on March 30, Morgan Stanley maintained a Hold rating on Aptiv (NYSE: APTV).

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Based on Aptiv’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.15 billion and a net profit of $138 million. In comparison, last year the company earned a revenue of $4.91 billion and had a net profit of $268 million

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