Aptiv PLC (NYSE:APTV) is one of the best Auto Parts stocks according to Hedge Funds.
On January 14, Joseph Spak from UBS reaffirmed his Neutral rating on Aptiv PLC (NYSE:APTV), while adjusting his estimated price target from $94 to $99. With almost 26% upside potential based on the revised target, the analyst remains cautious about the stock prior to earnings announcements.
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On January 8, Aptiv PLC (NYSE:APTV) was subject to a ratings upgrade, from Neutral to Overweight, by Piper Sandler analyst Alexander Potter. He also adjusted the target price estimate from $87 $103, resulting in an upside potential of almost 31%.
Potter noted the company’s pragmatic strategy in recent years, which has now led to a more realistic value proposition and growth milestones. Based on sum-of-the-parts valuation, Potter finds the stock to be priced at an attractive range. Moreover, Aptiv PLC (NYSE:APTV) has been identified by Piper Sandler as its “top supplier idea for 2026.”
Aptiv PLC (NYSE: APTV) offers advanced electrical and active safety technologies that enable safer, greener mobility solutions. Operating through 2 segments, Signal & Power Solutions, and Advanced Safety & User Experience, it develops and sells vehicle components for automotive and commercial vehicles.
While we acknowledge the potential of APTV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.