Visteon Navigates China Headwinds, Wins JPMorgan Analyst Nod
Analyst Upgrade: JPMorgan analyst Ryan Brinkman raised Visteon Corporation's price forecast from $90 to $97, maintaining a Neutral rating after the company reported strong first-quarter results with adjusted EPS of $2.40 and sales of $934 million, both exceeding estimates.
Future Outlook: Despite withdrawing full-year guidance due to industry uncertainty, Brinkman remains optimistic about Visteon's prospects, citing strong new business, improved tariff regulations, and potential for updated guidance as visibility improves.
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Earnings Report: Buckle, Inc. reported first-quarter earnings of 70 cents per share, exceeding analyst expectations, with sales of $272.12 million and a net income of $35.2 million, reflecting year-over-year growth in both metrics.
Stock Performance: Despite positive earnings results, Buckle shares fell by 3.70% to $39.87 in premarket trading, although the stock has seen a 13% increase over the past year.
Analyst Upgrade: JPMorgan analyst Ryan Brinkman raised Visteon Corporation's price forecast from $90 to $97, maintaining a Neutral rating after the company reported strong first-quarter results with adjusted EPS of $2.40 and sales of $934 million, both exceeding estimates.
Future Outlook: Despite withdrawing full-year guidance due to industry uncertainty, Brinkman remains optimistic about Visteon's prospects, citing strong new business, improved tariff regulations, and potential for updated guidance as visibility improves.






