Baird analyst Luke Junk maintained Outperform rating on Aptiv (APTV) with a $97 price target on September 3. The stock had a market price of $80.22 on September 5, implying an upside of 20.91%. Junk adjusted price targets in vehicle technology group due to positive stance on cyclical names.

Aptiv provides electrical architecture and software systems for EVs, with a forward P/E of 17.14x. Analysts expect revenue to grow by 8.87% on a compounded annual basis over the next 5 years. At J.P. Morgan Auto Conference, Aptiv emphasized reducing dependency on certain markets and improving real-time visibility and control.

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Read more at Yahoo Finance: Baird Reiterates Outperform on Aptiv (APTV) Amid Improving Auto Trends