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TD Cowen Keeps Their Buy Rating on Visteon (VC)

Tipranks - Tipranks - Sat Apr 25, 7:38AM CDT

TD Cowen analyst maintained a Buy rating on Visteon today and set a price target of $130.00.

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In addition to TD Cowen, Visteon also received a Buy from Goldman Sachs’s Mark Delaney in a report issued today. However, yesterday, J.P. Morgan maintained a Hold rating on Visteon (NASDAQ: VC).

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Based on Visteon’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $954 million and a net profit of $65 million. In comparison, last year the company earned a revenue of $934 million and had a net profit of $65 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VC in relation to earlier this year. Last month, Sachin Lawande, the CEO & President of VC sold 49,453.00 shares for a total of $4,620,762.12.

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