American Axle initiated with a Hold at TD Cowen
TD Cowen initiated coverage of American Axle (AXL) with a Hold rating and $5 price target The company’s long-term risk/reward “tilts ...
GKN Automotive owner hit by EV market volatility ahead of sale to US rival
The automotive engineering specialist reported its adjusted revenue dropped by 6.4 per cent at constant currency rates to ...
Insider Media3d
“Challenging environment” hits results at Dowlais Group but proposed £1.16bn combination represents “a significant opportunity”
Revenues and profits have declined at Dowlais Group against a "challenging environment". The specialist engineering firm's proposed combination with an American giant - ...
TheBusinessDesk.com3d
Volatile battery EV market fuels revenue drop at Dowlais
Engineering group Dowlais has seen revenues drop by 6.4%, after high volatility in the battery electric vehicle (BEV) market.
American Axle price target lowered to $5.50 from $7 at BofA
BofA lowered the firm’s price target on American Axle (AXL) to $5.50 from $7 and keeps an Underperform rating on the shares. The firm lowered ...