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Fly News Breaks for June 27, 2019
ADNT
Jun 27, 2019 | 08:06 EDT
As previously reported, Credit Suisse analyst Dan Levy initiated Adient a Neutral rating and $24 price target. While the analyst acknowledges the case for Adient, with results having troughed and given his belief new CEO Doug Del Grosso will be a change agent, he sees a long path to recovery and execution risks on top of cycle risks.
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