DAN - Dana Incorporated: Buy The Post-Earnings Dip (Rating Upgrade)
2024-02-23 05:55:19 ET
Summary
- Dana Incorporated shares have pulled back by -8% after its fourth-quarter performance disappointed the market.
- The Company is guiding for positive top-line and EBITDA growth in FY 2024.
- My rating for DAN is raised to a Buy, taking into account the disconnect between its valuations and financial prospects.
Elevator Pitch
Dana Incorporated ( DAN ) shares are assigned a Buy rating. My previous October 10, 2023 write-up evaluated how the United Auto Workers or UAW strike might affect Dana's business operations....
Dana Incorporated: Buy The Post-Earnings Dip (Rating Upgrade)