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Fly News Breaks for January 22, 2018
VC
Jan 22, 2018 | 09:13 EDT
RBC Capital analyst Joseph Spak lowered his price target on Visteon to $131 after below-consensus 2017 results and 2018 outlook. Spak adds that the incremental autonomous driving research and development spending and investment to support new business will weigh on margins in the near-to-medium term. The analyst keeps his Sector Perform rating on Visteon.