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Fly News Breaks for January 18, 2017
VC
Jan 18, 2017 | 08:48 EDT
FBR Capital analyst Christopher Van Horn said Visteon management presented a compelling presentations at CES 2017 and the Deutsche Bank Global Auto Industry Conference, and believes that the upside case for shares is incrementally better and the company's opportunity in automotive interior technology continues to improve. Van Horn thinks the reception for the newly introduced Phoenix infotainment system has been positive and that the company will have a solid pipeline with OEMs and reiterated his Outperform rating Visteon and increased its price target to $100 from $90.