In a move that’s catching attention, Bank of America just raised its price target on Lear Corp (NYSE: LEA) to $115—up from $110—while keeping a “Buy” rating in place. That’s a 26–27% upside from current levels, giving investors fresh optimism .

This upgrade arrived right after Lear beat Q1 earnings expectations. Sales reached $5.56 billion and earnings-per-share landed at $3.12, well above what analysts forecasted. Profit margins also improved, showing the company is cutting costs and making smarter moves in seating and E‑Systems—even with production hiccups and global headcount cuts.

Bank of America analyst John Murphy noted that while auto sector volume may dip this year and next, he expects things to stabilize by late 2025 or early 2026. That’s why he feels confident boosting the target now. Across Wall Street, sentiment echoes that view: the average price target sits around $108, with top estimates near $123.

Investors are watching closely as Lear also starts paying a solid dividend—$0.77 per share—and is buying back shares. That adds to the stock's appeal, especially for those wanting both income and growth .

On Trend Rage, this news is a hot topic because it blends earnings strength, strategic cost control, and a strong analyst upgrade—all tying into top Google trends like “Lear corp stock target” and “LEA buy rating.”

In clear Lester Holt style, here’s the key takeaway: Lear is showing strong results even in a tough industry. With a $115 price target and continued earnings momentum, the stock has a runway for growth. It gives investors a reason to tune in—and maybe act.