RBC Capital Lowers Price Target for Dauch Corporation to $9 from $10
RBC Capital analyst Tom Narayan has lowered the price target for Dauch Corporation (DCH) from $10 to $9, maintaining an Outperform rating. The adjustment comes amid macroeconomic concerns, including geopolitical tensions in the Middle East and potential delays in the USMCA trade agreement due to the Iran conflict. The analyst notes limited EV adoption in the U.S. despite elevated fuel prices.
Topics: analyst rating Dauch Corporation market outlook price target RBC Capital stock analysis