** Car seat maker Adient's shares ADNT.N fall 1% to $18.87 premarket

** Bofa downgrades rating to "neutral" from "buy", as per TheFly

** ** Cuts PT to $24 from $30, still representing a ~26% upside to the stock's last close

** Cites lack of near-term catalysts as well as operating results “pointing flat to down” in FY25

** 'The soft FY25 outlook may be made worse by Adient’s large exposure to automakers whose production volumes will likely remain under pressure' - said BofA analysts, as per TheFly

** Two brokerages rate the stock "buy", seven "hold" and two "sell"; their median PT is $24 - LSEG data

** As of last close, stock had fallen 47.6% YTD

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))