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Research Alert: CFRA Reiterates Buy Opinion On Shares Of Lear Corporation
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Research Alert: CFRA Reiterates Buy Opinion On Shares Of Lear Corporation
May 4, 2026 12:07 PM

02:55 PM EDT, 05/04/2026 (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 raise our 12-month target by $5 to $165, based on a 2027 P/E of 9.4x, a justified discount to LEA's five-year average forward P/E of 11.8x. We increase our adjusted EPS estimates to $15.10 from $14.40 for 2026 and to $17.50 from $16.60 for 2027. Following LEA's much better-than-expected Q1 release, we raise our estimates and price target and reiterate our Buy rating on the shares. We see an increasing likelihood of a full-year earnings guidance hike later this year following the strong Q1 results. We think LEA's valuation and risk/reward profile are attractive at current levels, as the stock remains well below its 2021 highs of over $200/share and it boasts one of the industry's strongest earnings track records (only one miss in the past 18 quarters). We are encouraged by its reported improvement in safety content per vehicle in Europe and Africa, regions that have lagged North America in recent years. We think LEA's long history of share repurchases distinguishes it from auto supplier peers.

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