RBC Capital Maintains Sector Perform on Lear, Lowers Price Target to $139
RBC Capital analyst Tom Narayan maintains Lear (NYSE:LEA) with a Sector Perform and lowers the price target from $143 to $139.
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Goldman Sachs analyst Mark Delaney maintains Lear (NYSE:LEA) with a Neutral and lowers the price target from $140 to $124.
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RBC Capital analyst Tom Narayan maintains Lear (NYSE:LEA) with a Sector Perform and lowers the price target from $143 to $139.
The global electric vehicle wiring harnesses and connectors market is projected to grow from $8.53 billion in 2025 to $29.43 billion by 2035, driven by rising EV production, high-voltage system deployment, and zonal electrical architectures. Asia-Pacific will maintain regional leadership, with China emerging as the largest country market. Key challenges include copper price volatility and lengthy OEM qualification cycles.
UBS analyst Joseph Spak maintains Lear (NYSE:LEA) with a Neutral and lowers the price target from $141 to $132.