Magna International (MGA) news

Magna enters cooperative research and development agreement with Army Research Laboratory to advance next-generation battery separator technology

Magna International Inc. has entered into a cooperative research and development agreement (CRADA) with the U.S. Army Research Laboratory (ARL) to advance the development of next-generation battery separator technology. The collaboration aims to enhance the performance, safety, and durability of…

Magna International Inc.: Barclays raises target price to $70 from $68

Huayu Automotive Systems says unit plans to acquire 11.0% stake in SAIC-controlled auto parts firm

Huayu Automotive Systems Co., Ltd. (600741.SS), a subsidiary of SAIC Motor, has announced plans for one of its units to acquire an 11.0% stake in an auto parts firm controlled by SAIC. The move is part of a broader strategy to strengthen its position in the automotive supply chain and align with…

Linamar shares fall 3%, Magna International down 2.5% after BMO cuts ratings on the stocks

Linamar (TSX:LNR) and Magna International (TSX:MG) both experienced declines in early trading on September 18, 2026, as BMO Capital downgraded its outlook for both stocks. Linamar shares fell 3%, while Magna shares dropped 2.5% following the downgrade. The move reflects growing concerns over the…

Magna International Inc.: BMO cuts to market perform from outperform; cuts target price to $70 from $76

BMO Capital Markets has revised its rating for Magna International Inc. (MGA), downgrading the stock from "outperform" to "market perform," while simultaneously lowering its target price to $70 from $76. The adjustment reflects a reassessment of the company’s outlook amid evolving market conditions…