ADNT stock had a forgettable start to 2019 after it emerged that the sales of auto parts were going to decline this year. However, Adient PLC (NYSE:ADNT), the world’s biggest manufacturer of auto seats, has managed to make an excellent comeback after enjoying a superb rally in the past two six weeks, which saw the stock appreciate by as much as 78.2%. The reason behind the astonishing surge is due to a series of positive analyst’s upgrades.
Moreover, Adient was also able to refinance its debt and that now gives the company a lot of legroom ...
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