Deutsche Bank analyst Emmanuel Rosner upgraded Visteon (VC) to Buy from Hold with a price target of $104, down from $106. The analyst views Visteon and Aptiv (APTV) as some of the best supplier stories in the group heading into 2020. Emmanuel upgraded Visteon to reflect the stock's recent pullback and a continued belief that the company is about to offer the strongest organic growth profile in U.S. autos, driven by its backlog of new business focused on the digital cockpit.

JPMorgan lowered the firm's price target on Visteon to $145 from $146 and keeps a Neutral rating on the shares. To reflect the "modestly softer than expected" trend in global light vehicle production during the quarter, the firm lowered Q1 estimates for auto supplier EBITDA by an average of 1% and earnings by 3%, resulting in new estimates that are on average 2% below the Street on EBITDA and 3% lower on earnings. However, the firm increased full year estimates for most suppliers, saying the outlook for full year production has improved since the time of Q4 earnings, and because of the material decline in automotive commodity prices during Q1, which should primarily benefit suppliers beginning in Q2.