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Fly News Breaks for October 19, 2018
DAN
Oct 19, 2018 | 06:55 EDT
JPMorgan analyst Ryan Brinkman upgraded Dana to Overweight with an unchanged price target of $24. The shares have underperformed despite the company's less exposure to factors negatively impacting the Auto Parts sector as a whole, or the move to harmonized light vehicles test procedure in Europe and light vehicle demand in China, Brinkman tells investors in a research note. The analyst finds Dana's relatively higher exposure to the non-light vehicle market as attractive.
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