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Fly News Breaks for January 4, 2019
DAN
Jan 4, 2019 | 07:04 EDT
UBS analyst Colin Langan upgraded Dana Incorporated to Buy with a $19 price target. The analyst views the valuation as "compelling" at current share levels. He believes Dana has the ability to drive earnings higher in a declining market due to acquisition synergies, its "strong" backlog, and limited exposure to China and trade risks. DAN has traded down ~60% since the beginning of 2018, Langan tells investors in a research note.
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