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Fly News Breaks for May 12, 2017
VC
May 12, 2017 | 05:55 EDT
Morgan Stanley analyst Adam Jonas upgraded Visteon to Overweight and raised his price target to $115 from $103 following "much stronger" Q1 results. The analyst increased 2017 earnings by 5% and 2018 by 7% and said it has a "clean strategic position in connected car."