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    Adient downgraded by Barclays with a new price target

    4/10/24 7:23:45 AM ET
    $ADNT
    Auto Parts:O.E.M.
    Consumer Discretionary
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    Barclays downgraded Adient from Overweight to Equal Weight and set a new price target of $37.00 from $41.00 previously
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    Recent Analyst Ratings for
    $ADNT

    DatePrice TargetRatingAnalyst
    4/23/2025$14.00Neutral
    Citigroup
    3/4/2025$24.00 → $18.00Neutral → Underperform
    BofA Securities
    12/16/2024$27.00 → $20.00Overweight → Equal Weight
    Wells Fargo
    11/21/2024$30.00 → $24.00Buy → Neutral
    BofA Securities
    9/10/2024$24.00Hold
    Deutsche Bank
    9/5/2024Peer Perform
    Wolfe Research
    7/1/2024$26.00Underperform → Neutral
    Exane BNP Paribas
    4/10/2024$41.00 → $37.00Overweight → Equal Weight
    Barclays
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    • Adient reports strong second quarter operating results

      PLYMOUTH, Mich., May 7, 2025 /PRNewswire/ -- Adient (NYSE:ADNT), a global leader in automotive seating, today announced its second quarter 2025 financial results. Q2 GAAP net loss and EPS diluted of $(335)M and $(3.99), respectively, including a non-cash goodwill impairment of $333M; Q2 Adj.-EPS diluted of $0.69Q2 Adj.-EBITDA of $233M – a y-o-y improvement despite revenue headwindsGross debt and net debt totaled ~$2.4B and ~$1.6B, respectively, at March 31, 2025; cash and cash equivalents of $754M at March 31, 2025The company successfully refinanced $795M of senior unsecured n

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      PLYMOUTH, Mich., April 9, 2025 /PRNewswire/ -- Adient (NYSE:ADNT), a global leader in automotive seating, will host a conference call on May 7, 2025, at 8:30 a.m. (ET) to discuss its second quarter fiscal 2025 financial results. A link to the live webcast of the call and presentation materials will be available on the Adient Investor Relations website (http://investors.adient.com). A replay will be available at the same site. To participate by telephone, please dial 888-566-1827 (U.S.) or 773-799-3976 (international) 15 minutes prior to the start time of the call and ask to be

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      April 8, 2025-- ITT Inc. (NYSE: ITT) today announced the nomination of Douglas DelGrosso for election to its Board of Directors at the company's upcoming 2025 annual meeting of shareholders. Mr. DelGrosso served as president and chief executive officer of Adient plc (NYSE:ADNT), a global engineering and manufacturing company with operations in 29 countries, from October 2018 until his retirement in December 2023. "Over the last several years, the ITT Board has deliberately pursued a refreshment strategy to add seasoned operations executives to our Board with advanced expertise and skills. We are honored at the prospect of having Doug join ITT's Board of Directors and his election will mark

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