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Fly News Breaks for February 13, 2019
ADNT
Feb 13, 2019 | 07:14 EDT
Seaport Global analyst Michael Ward initiated Adient with a Neutral. Ward expects FY19 estimates of $3.00, down from $5.62 in 2018, due to ongoing weakness in the metals business and China industry weakness. The analyst expects an improvement in China in 2020, combined with restructuring benefits to lift earnings to $4.65.
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