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Fly News Breaks for February 3, 2017
DLPH
Feb 3, 2017 | 07:52 EDT
RBC Capital analyst Joseph Spak says that Delphi reported "strong" Q4 results, making him confident that it can beat its 2017 guidance. He thinks that the company's product portfolio remains well-aligned with the biggest themes in the auto market, and he believes that its margins can rise further. Spak raises his price target on the shares to $87 from $83 and keeps an Outperform rating on the stock.
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