Wells Fargo Lowers PT on Dana Incorporated (DAN), Keeps an Overweight Rating

Dana Incorporated (NYSE:DAN) is one of the Best Small-cap EV Stocks to Buy According to Analysts. On October 3, Colin Langan from Wells Fargo lowered the firm’s price target on Dana Incorporated (NYSE:DAN) from $22 to $21, while keeping an Equal Weight rating on the stock.

The rating comes ahead of the company’s fiscal third-quarter results for 2025, which are expected on November 5, 2025. The company posted mixed results during the fiscal second quarter of 2025; however, management raised its full-year guidance by $250 million, adjusted EBITDA by $35 million, and free cash flow by $50 million.

Dana Incorporated (NYSE:DAN) posted $2.35 billion in revenue, down 14% year-over-year but ahead of Wall Street’s estimates by $49.5 million. However, the EPS of $0.13 fell short of the estimates by $0.03.

In addition to Wells Fargo, on the same day, Joseph Spak from UBS also reiterated a Buy rating on Dana Incorporated (NYSE:DAN) with a $25 price target.

Dana Incorporated (NYSE:DAN) provides energy management solutions and also designs and manufactures propulsion systems for vehicles and machines across global mobility markets.

While we acknowledge the potential of DAN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DAN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.