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Fly News Breaks for June 6, 2016
DLPH
Jun 6, 2016 | 06:27 EDT
Goldman analyst led by Patrick Archambault removed Delphi from the Conviction Buy List and maintained its Buy rating. The analyst said the choppier start of the year for monthly US auto sales pace combined with unfavorable investor positioning has driven underperformance and lowered his price target to $94 from $103 due to multiple compression.
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