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Fly News Breaks for February 14, 2020
DAN
Feb 14, 2020 | 06:45 EDT
KeyBanc analyst James Picariello raised his price target for Dana to $22 from $20 and reiterated an Overweight rating following the company's Q4 results. Picariello tells investors in a research note that he is encouraged by Dana's resilient sales and margin guide, with stronger new business backlog contribution offsetting heavier end-market headwinds. The analyst thinks the bar for 2020 is "achievable."
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