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Fly News Breaks for April 27, 2017
LEA
Apr 27, 2017 | 07:59 EDT
Baird analyst David Leiker said Lear beat Q1 expectations soundly by delivering accelerating organic growth and significant margin expansion. The analyst said there is a disconnect between the company's performance and its stock valuation causing bearish sentiment, but he believes that creates a buying opportunity. Leiker reiterated his Outperform rating and raised his price target to $172 from $161 on Lear shares.
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