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APTV Stock Wrapped 4 Months Of Losses: Goldman Sachs Sees Further Demand Risk For Aptiv Amid China Concerns
Stocktwits ·
Stocktwits reports: Aptiv (APTV) stock wrapped a four-month losing streak, but Goldman Sachs is flagging fresh demand risks for the auto supplier. The firm cut its price target, citing weaker Chinese vehicle sales that could pressure suppliers even as global light-vehicle production remains broadly on track. China Creates Added Pressure For Aptiv Goldman Sachs reduced its price target on Aptiv to $61 from $71 while maintaining a ‘Buy’ rating. The change came as part of the firm's broader…