Barclays Raises Its Price Target on Lear Corporation (LEA) Barclays has increased its price target for Lear Corporation (NYSE: LEA) to $150 from $140, citing the company's ability to meet the upper end of its 2026 guidance range.
This move may have sparked excitement among investors, but it's essential to take a closer look at what this development really means.
Lear Corporation has been on a tear in recent quarters, with impressive results in its Q1 report. Adjusted earnings per share reached $3. 87, surpassing consensus estimates by over 10%.