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Fly News Breaks for July 21, 2015
DLPH, HAR
Jul 21, 2015 | 09:41 EDT
After wired.com reported that a Jeep Cherokee was hacked and disabled to demonstrate the vehicle's cybersecurity vulnerability, Wells Fargo writes that cybersecurity is becoming a meaningful concern with car manufacturers. Wells thinks automotive technology suppliers such as Harman (HAR) and Delphi (DLPH) should benefit as cars become more protected against cyberattacks. The firm estimates the car security opportunity could be significant. It keeps Outperform ratings on both names.
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