American Axle & Manufacturing (NYSE:AXL) Reaches New 1-Year Low After Analyst Downgrade
Shares of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL – Get Rating) hit a new 52-week low during mid-day trading on Wednesday after Morgan Stanley lowered their price target on the stock from $16.00 to $14.00. Morgan Stanley currently has an overweight rating on the stock. American Axle & Manufacturing traded as low as $6.96 […]