Aptiv PLC (NYSE:APTV) is among the 10 best non-tech stocks to buy and hold for 5 years. On March 11, Wells Fargo lowered its price target on Aptiv PLC (NYSE:APTV) to $95 from $102 while maintaining an Overweight rating on the shares. The firm noted that Aptiv PLC (NYSE:APTV) is up 5% year-to-date, higher than the 3% rise registered by its peers. The firm also said that the stock’s base-case upside is 30%, given the low valuation, and that the risk-reward is compelling, given the company’s 2.4x upside-to-downside ratio.

Meanwhile, on March 6, Aptiv PLC (NYSE:APTV) said that its subsidiary Aptiv Swiss Holdings Ltd. commenced a cash tender offer to purchase up to $1.35 billion of outstanding senior notes across seven series. The move comes as the automotive supplier manages its debt structure ahead of the separation of its Versigent business. The tender offer covers notes with maturities ranging from 2032 to 2054, including 3.250% notes due 2032 with $717.2 million outstanding, 5.150% notes due 2034 with $515.9 million outstanding, and 5.750% notes due 2054 with $550 million outstanding, among others.

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Aptiv PLC (NYSE:APTV) is an industrial technology company that designs, develops, and manufactures software and hardware solutions for automotive and other industries.

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