Stock Rating Upgrade
In recent days the Value Trend Rating for Dana Inc (NYSE: DAN) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Dana Inc (NYSE: DAN) stock declined by -2.6% on 8/9/24. The shares closed at $10.38. This decline was accompanied by normal trading volume. The stock has been weak relative to the market over the last nine months and has declined -14.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, DAN is expected to continue to be an important Value Builder.
Dana has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Dana has a good Appreciation Score of 71 but a slightly negative Power Rating of 32, producing the Neutral Value Trend Rating.
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