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Is DAN Stock Worth Buying Now After Having Surged 23% YTD?
What is the impact of the North American tariff war? The price increase of electric Autos in the USA may be as high as $12,000.
① Trump announced that starting Tuesday, a 25% tariff will be imposed on Commodities from Mexico and Canada, causing widespread concern in the market; ② A survey shows that the US Autos Industry will be impacted, with new electric vehicle prices potentially increasing by up to $12,000, leading to a decline in sales; ③ The US automobile manufacturing industry is worried, as the tariffs will disrupt the integration of the North American automotive supply chain and cause unprecedented damage.
Barclays Maintains Dana(DAN.US) With Buy Rating, Maintains Target Price $23
Barclays Sticks to Their Buy Rating for Dana Holding (DAN)
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