Aptiv rises after Citi initiates coverage with 'buy' rating

Aptiv

10/10/2025 13:57

** Shares of auto parts supplier Aptiv APTV.N inch up nearly 1% at about $84 in premarket trading

** Citi initiates coverage on APTV with "buy" rating and $109 PT, which implies an upside of 31.8% from the stock's last close

** Citi says the EDS spinoff will allow Aptiv to sharpen its focus and better tap into fast-growing areas such as electric vehicles, automotive software, and connected technologies

** Aptiv's production outlook to improve through 2026, driven by stronger demand and restocking - Citi

     ** 15 of 21 brokerages rate the stock "buy" or higher, 4 "hold" and 2 "sell"; their median PT is $92- data compiled by LSEG

** As of last close, stock was up 36.8% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))