macro

Freedom Broker raises Strattec Security rating to Buy, cuts target to $79

Freedom Broker moved Strattec Security up to Buy from Hold and trimmed its price target to $79 from $83, according to TradingView, which cites Benzinga data.

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what happened

According to TradingView, the broker Freedom Broker upgraded its rating on Strattec Security shares from Hold to Buy. At the same time, the price target was reduced from $83 to $79, a decrease of about 4.8%. The target implies a 24.3% upside relative to the November 2 closing price of $63.55. Reference data is provided by Benzinga.

why it matters

A higher rating combined with a lower price target suggests the broker has turned more positive on the stock while seeing somewhat more modest potential. Decisions like this reflect a reassessment of a single company and rarely move the broader market, so the event carries limited weight for most investors.

tags

instruments

Strattec Security

sources

  1. Freedom Broker upgrades Strattec Security to Buy from Hold, lowers price target to $79 from $83 — TradingView, 3 November 2026 at 11:56 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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