In a recent move, Director Conrad Mallett offloaded 1,187 shares of Lear stock, translating to a transaction worth $110,212. This sale comes amidst an uptick in Lear Corporation’s stock price targets, bolstered by its impressive financial performance and strategic market positioning.
The company has reported strong financial results for the first quarter of 2025, which have significantly boosted investor confidence. This positive outlook has led to the reaffirmation of a ‘buy’ rating. Investment experts at JPMorgan have increased their price targets for Lear, a reflection of the company’s robust operations and promising future growth trajectory.