Citigroup issued the highest target price on Wall Street against the market trend, believing that Lear (LEA.US) can overcome the cyclical headwinds in the automotive industry.
According to the Wisdom Finance APP, Citigroup maintains a "buy" rating on Lear Corporation (LEA.US) and has raised the target price from $136 to $146. This move indicates that despite the challenging automotive supply cycle, the bank remains confident in the company's long-term prospects. Citigroup's bullish stance makes it one of the highest target prices on Wall Street for Lear Corporation, even though the overall market consensus remains relatively conservative.
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