Favorable Sector Outlook Bodes Well for Visteon (VC)

Visteon Corp (NASDAQ:VC) is 1 of the best Auto Parts stocks according to Hedge Funds.

On January 15, Goldman Sachs expert Mark Delaney reiterated his Buy standing connected Visteon Corp (NASDAQ:VC), portion lowering the terms people from $130 to $120. The revised people leads to an upside imaginable of astir 30% astatine the existent level.

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Delaney’s standing is based connected caller information for car sales, on with maturation expectations for the coming year. Projections stay favorable for the assemblage amid comments from assorted suppliers during the past quarter’s conferences.

On January 14, Luke Junk from Robert W. Baird besides maintained an Outperform standing connected Visteon Corp (NASDAQ:VC), portion reducing his terms people from $141 to $126. Despite the downward revision, Junk’s forecast yields an awesome 36% upside for investors.

Junk’s standing came astatine the backmost of Baird’s adjustments to conveyance exertion and mobility stocks based connected the 4th fourth net preview. The expert noted definite headwinds related to proviso concatenation disruptions.

Visteon Corp (NASDAQ:VC) is simply a starring automotive exertion company, engaged successful engineering and selling integer cockpit electronics, automotive electronics, and connected car solutions. With operations spanning crossed 18 countries, the institution chiefly serves conveyance manufacturers, offering instrumentality clusters, cockpit domain controllers, accusation displays, and infotainment solutions.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.