Adient (ADNT) Price Target Raised to $31 by Deutsche Bank and Stifel

AI Summary

Deutsche Bank raised its price target for Adient plc (ADNT) to $31 from $30 while maintaining a Buy rating. Stifel also increased its price target on ADNT to $28 from $26. On May 6, 2026, Adient reported Q2 adjusted EPS of $0.52, exceeding the consensus estimate of $0.44, with revenue of $3.87 billion compared to a $3.63 billion estimate. Additionally, Adient raised its FY26 revenue outlook to $14.8 billion, adjusted EBITDA outlook to $885 million, and free cash flow to $130 million, underscoring strong operational execution.