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Fly News Breaks for May 10, 2018
DLPH
May 10, 2018 | 07:23 EDT
Barclays analyst Brian Johnson says his bull thesis on Delphi Technologies is intact following the company's Q1 results. The analyst continues to believe that growth of internal combustion engine content through 2025, combined with "fast-growing" exposure to the electrification space, will more than offset headwinds from light duty diesel. He believes Delphi shares offer "attractive upside" and keeps an Overweight rating on the name with a $64 price target.
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