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Fly News Breaks for October 25, 2019
LEA
Oct 25, 2019 | 08:54 EDT
Baird analyst David Leiker downgraded Lear to Neutral from Outperform as he believes the near-term fundamentals in E-Systems continue to deteriorate in the face of strong secular trends in the space. He said the operational issues have gotten worse and the timing of the turnarounds is challenging. Leiker maintained his $155 price target on Lear shares.
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