FEB 1·MarketBeat→
Adient $ADNT Shares Bought by Teacher Retirement System of Texas
The Teacher Retirement System of Texas significantly increased its stake in Adient (NYSE:ADNT) by 441.0% in the third quarter, bringing its total ownership to 69,085 shares valued at $1,664,000. This comes as other institutional investors have also adjusted their positions, and several analysts have updated their ratings and price targets for the automotive seating and interior components supplier, which recently reported its quarterly earnings. Adient's stock activity includes an insider sale by EVP Michel Pierre Rose Berthelin and current trading at $20.81.
JAN 15·MarketBeat▲
Adient (NYSE:ADNT) Stock Rating Upgraded by UBS Group
UBS Group has upgraded Adient (NYSE:ADNT) from a "neutral" to a "buy" rating, setting a new price target of $30.00, suggesting a 27.40% upside. This upgrade comes amidst mixed analyst opinions, with some firms like Citigroup and Barclays lowering their price targets while Morgan Stanley and Wells Fargo & Company increased theirs. Adient recently reported Q4 earnings, missing EPS estimates but surpassing revenue expectations, and a corporate insider sold 2,500 shares in November.
