10 AI News And Ratings on Wall Street’s Radar

3. Aptiv PLC (NYSE:APTV)

Number of Hedge Fund Holders: 52

Aptiv PLC (NYSE:APTV) is an automotive parts company that leverages AI and ML to enhance vehicle safety and security while ensuring sustainability in its business operations. The company uses AI technology in its cost-effective advanced driver-assistance systems (ADAS), sensing and perception offerings, and vehicle connectivity solutions in accordance with its objective to offer the broadest possible operating performance. The company also uses AI to improve interior products and enhance supply chain visibility to extract actionable insights.

On January 27th, Baird upgraded the company’s stock rating to “Outperform” from “Neutral.” The brokerage also lifted its target price to $82 from $75 per share. The analysts said that a new sum-of-the-parts analysis showed that 15%-plus of new estimated value is unlocked by the Electrical Distribution Systems spin, which also “unlocks several facets of fundamental value,” as the new Aptiv PLC (NYSE:APTV) should be higher growth and more diversified. Baird added that with investors preliminarily seeking H2 2025 auto plays, Aptiv PLC (NYSE:APTV) should screen well, featuring cyclical and fundamental catalysts, with the spin “newly providing cover to be early.”