Magna price target raised to $55 from $52 at Goldman Sachs

Goldman Sachs raised its price target for Magna (MGA) to $55 from $52 while keeping a Sell rating on the shares. Analyst Mark Delaney said the company’s ongoing strong operational execution and growing free cash flow support returns to shareholders, according to a research note. However, Goldman maintains the Sell stance, citing factors including Magna’s historically below-average growth versus the market and its exposure to EMEA, where tariffs and competition could make growth harder. The update reflects both improving fundamentals and lingering uncertainty around expansion drivers.