JPMorgan Lifts PT on Adient plc (ADNT) to $26 From $22, Keeps a Neutral Rating

Group 1 - Adient plc (NYSE:ADNT) is considered one of the most undervalued small-cap stocks currently available for investment, with JPMorgan raising its price target to $26 from $22 while maintaining a Neutral rating [1] - Stifel also increased its price target for Adient plc to $29 from $27, keeping a Buy rating, citing a significant rise in pricing for industrial companies as a key adjustment in the macroeconomic environment [3] - Adient plc specializes in the manufacture, design, and marketing of automotive seating systems, with operations across the Americas, EMEA, and Asia [4] Group 2 - The rating updates for Adient were part of a broader Q3 preview for the automotive sector, where JPMorgan raised estimates for auto suppliers due to favorable commodity and currency trends, as well as solid global light vehicle production [2] - Conversely, estimates for rental car companies and tiremakers were reduced due to aggressive pricing and increased low-cost imports, indicating a mixed outlook within the automotive supply chain [2]