As previously reported, Credit Suisse upgraded Visteon with an Outperform from Neutral and a $105 price target. Analyst Tavis McCourt said management presented at a recent industry conference and indicated Q4 would be better than expected and 2017 revenues would be flattish, better than he had feared. McCourt believes downside risk to shares is limited based on current valuation and sees meaningful long-term upside potential as each 1% increase in market share in infotainment adds approximately a $1 in earnings, and just one or two OEM wins with its newly announced Phoenix platform could meaningfully improve the long term earnings power of Visteon.

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.