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Fly News Breaks for March 9, 2018
MGA
Mar 9, 2018 | 05:01 EDT
Citi analyst Itay Michaeli raised his price target for Magna International to $67 after spending three days on the road with management. The analyst left with continued confidence in his Buy thesis and says Magna remains one of three Buy-rated car of the future supplier picks. He sees "solid" revenue growth and an improving free cash flow profile.
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