Information Provided By:
Fly News Breaks for February 26, 2018
VC
Feb 26, 2018 | 07:09 EDT
Gabelli analyst Brian Sponheimer upgraded Visteon to Buy with a $158 private market value saying the auto supplier is well positioned to take advantage of the explosive growth in the digitization of in-cockpit electronics and infotainment over the next decade with further upside related to human Machine interface technology. Sponheimer adds, Visteon could be an attractive takeover target for both traditional and non-traditional automotive market participants.