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Fly News Breaks for May 4, 2017
DLPH
May 4, 2017 | 07:29 EDT
UBS analyst Colin Langan raised his price target on Delphi to $97 from $87 to reflect its announced spinoff of its Powertrain business to be completed by March 2018. The remaining businesses will be highly leveraged to emerging trends of electrification, connectivity, and autonomous driving, said Langan, who reiterated his Buy rating on Delphi shares.
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