02:20 PM EDT, 08/05/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We increase our 12-month target by $6 to $16, based on a 2026 P/E of 10.3x, a justified discount to historic averages. We raise our adjusted EPS estimates to $1.45 from $1.25 for 2025 and to $1.55 from $1.25 for 2026. Following a better-than-expected Q2 release, we are raising our opinion on DAN shares to Hold from Sell. While we had concerns regarding the financial impact of its soon-to-be-divested and highest-margin segment, Off-Highway (~43% of total adjusted EBITDA in Q2), margin improvement for the remaining business (+210 bps Y/Y to 7.5% in Q2) was much better than expected. Additionally, recent and anticipated share repurchases and debt retirement should go a long way toward boosting EPS, as its year-end share count is expected to be reduced by approximately 25% along with a year-end net leverage ratio of only 0.7x. While DAN has been a standout performer in the auto supplier space so far in 2025, the transformational impacts of the $2.7B Off-Highway sale should continue to reverberate.