Magna Recommends Rejection of "Mini-Tender" Offer
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Magna Int'l (MGA) PT Lowered to $47 at RBC Capital
August 13, 2024 6:25 AM EDTRBC Capital analyst Steve Arthur lowered the price target on Magna Int'l (NYSE: MGA) to $47.00 (from $57.00) while maintaining a Sector Perform rating.
The analyst comments "Magna's H2/24 guidance implies a significant upswing in EBIT across the company's business segments. UAW comps... More
