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Magna International Price Target Soars 9.85% Following JPMorgan Chase Boost

Guavy AI Editorial Team
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JPM
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JPMorgan Chase & Co. has increased its price objective for Magna International (NYSE:MGA) stock from $70.00 to $77.00, according to a research note issued to investors on Monday.

This move reflects a potential upside of 9.85% from the stock's previous close of $69.95.

JPMorgan Chase & Co. currently has an 'overweight' rating on the stock.

Multiple analysts have updated their price targets for Magna International in recent weeks, with Canadian Imperial Bank of Commerce cutting its target to $74.00 and TD increasing its target from $75.00 to $76.00.

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