Wells Fargo upgraded Adient (NYSE: ADNT) from Equal Weight to Overweight, raising its price target to $31 from$24. Shares rose nearly 2% in pre-market trading Thursday. The firm said Adient stood to benefit from improved global light vehicle production in 2026, with adjusted EBITDA projected about 7% above consensus and the stock trading at near-trough valuation multiples. While the company’s turnaround had been delayed by weak global production, unfavorable customer mix, extended unprofitable programs, an ...