Why The Aptiv Stock Increased 3.14% (APTV)

By Amit Chowdhry ● Jan 24, 2023
  • The stock price of Aptiv (APTV) increased by 3.14% in the most recent trading session. This is why.

The stock price of Aptiv (APTV) increased by 3.14% in the most recent trading session.

Why: Research report

Details: Deutsche Bank analysts reiterated a Buy rating on the stock. And the analysts assigned the company a $126 price target.

The Deutsche Bank analysts adjusted the rating while noting that Aptiv was added to their short-term Catalyst Call Buy List ahead of the company’s Q4 2022 earnings day/initiation of 2023 guidance and its Capital Markets Day to follow in February. And the analysts pointed out that they believe that the Q4 operational environment has played out largely as expected and they expect the company to deliver in-line earnings for the quarter, enabling it to hit the high-end of its guidance for the year.