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Fly News Breaks for December 4, 2018
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Dec 4, 2018 | 07:57 EDT
Jefferies analyst David Kelley started Visteon with an Underperform rating and $69 price target. The analyst sees risk to 2020-2021 consensus sales growth expectations, which he believes factor in Visteon's "robust" new business wins but underestimate recently slowing underlying global vehicle production and ongoing customer schedule cuts, particularly in China.
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