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Fly News Breaks for April 29, 2019
LEA
Apr 29, 2019 | 08:01 EDT
KeyBanc analyst James Picariello lowered his price target for Lear to $185 from $190, while reiterating an Overweight rating on the shares. The analyst notes that the company made downward biases within its unchanged 2019 guidance ranges, but he remains encouraged by Lear's "strong" backlog support for the second half inflection and regards its macro outlook as appropriately conservative.
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