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Magna International (NYSE:MGA – Free Report) (TSE:MG) had its price target increased by Barclays from $59.00 to $60.00 in a research report sent to investors on Monday, FlyOnTheWall reports. Several other analysts have also issued reports on MGA. BNP Paribas upgraded shares of Magna International from an underperform rating to a neutral rating in a […]
Magna International Inc. (TSE:MG – Free Report) (NYSE:MGA) – Analysts at Zacks Research lowered their Q1 2024 earnings estimates for shares of Magna International in a report released on Friday, July 7th. Zacks Research analyst L. Shahu now forecasts that the company will post earnings per share of $1.65 for the quarter, down from their […]
Bank of America upgraded shares of Magna International (NYSE:MGA – Free Report) (TSE:MG) from a neutral rating to a buy rating in a research note published on Thursday morning, MarketBeat reports. Bank of America currently has $85.00 target price on the stock, up from their prior target price of $65.00. Several other analysts also recently […]
Magna International Inc. (NYSE:MGA – Free Report) (TSE:MG) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 4,250,000 shares, a decline of 30.2% from the May 31st total of 6,090,000 shares. Based on an average daily volume of 1,060,000 shares, the short-interest ratio […]