RBC Lowers Visteon Price Target to $129.00 Amid Mixed Analyst Views

Royal Bank Of Canada (RBC) has reduced its price target for Visteon Corporation (NASDAQ:VC) to $129.00 from $130.00, according to a research note issued on Friday.

The firm maintains an 'outperform' rating on the stock, indicating a potential upside of 21.41% from Visteon's previous close of $106.25.

This is not the only recent change in price targets for Visteon. The Goldman Sachs Group raised its target price to $118.00 and gave the company a 'buy' rating, while Wells Fargo & Company dropped its target price to $134.00 and set an 'overweight' rating on the stock.

Visteon's quarterly earnings results were released on July 23rd, with the company reporting $1.91 in EPS, missing analysts' consensus estimates of $2.21 by ($0.30).