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Fly News Breaks for April 9, 2018
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Apr 9, 2018 | 08:23 EDT
Baird analyst David Leiker said he remains an aggressive buyer of Visteon shares as he expects its backlog growth to accelerate through 2021 and beyond. The analog to digital conversion is creating a wave of secular content gains and the backlog inflections will yield significant upside, believes Leiker, who reiterated his Outperform rating and raised his price target to $170 from $150 on Visteon shares.
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