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Fly News Breaks for February 8, 2019
SUP
Feb 8, 2019 | 09:25 EDT
BWS Financial analyst Vahid Khorsand lowered his price target for Superior Industries to $6 and keeps a Neutral rating on the shares. Superior remains vulnerable to persistent reports of a slowdown in North America and European auto sales, Khorsand tells investors in a research note. He points out that new reports suggest both markets are now slowing. The analyst fears Superior Industries could have a difficult time generating free cash flow in such an environment in 2019.
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