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Wells Fargo Sticks to Their Buy Rating for Visteon (VC)

Tipranks - Tipranks - Wed Feb 25, 8:04AM CST

In a report released on February 20, Colin Langan from Wells Fargo maintained a Buy rating on Visteon, with a price target of $125.00. The company’s shares closed yesterday at $92.91.

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Langan covers the Consumer Cyclical sector, focusing on stocks such as Magna International, Lear, and Aptiv. According to TipRanks, Langan has an average return of -6.0% and a 47.25% success rate on recommended stocks.

In addition to Wells Fargo, Visteon also received a Buy from TipRanks – OpenAI’s OpenAI Auto – Parts in a report issued on February 20. However, today, Barclays maintained a Hold rating on Visteon (NASDAQ: VC).

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Based on Visteon’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $948 million and a net profit of $14 million. In comparison, last year the company earned a revenue of $939 million and had a net profit of $122 million

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