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Fly News Breaks for February 26, 2019
DLPH
Feb 26, 2019 | 07:13 EDT
BMO Capital analyst Richard Carlson raised his price target on Delphi Technologies to $29 and kept his Outperform rating after its Q4 earnings beat, saying that while the year-to-date gains on the stock are "impressive", there is more upside after the stock was "significantly oversold" in 2018. The analyst sees the company as "well positioned to benefit from the adoption of more advanced powertrain technology globally" amid the tightening of global emissions/fuel standards and sees its growth potential "underscored by the substantial order intake" last year.
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