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MGA

Magna

$51.69 /

-0.8 (-1.52%)

14:52
02/21/20
02/21
14:52
02/21/20
14:52

Magna lowers FY20 free cash flow view to $1.4B-$1.6B from $1.6B-$1.8B

In slides for its Q4 earnings presentation, Magna states: "Due to pull forward of about $200M of working capital into 2019, we now expect $1.4B-$1.6B of free cash flow in 2020, compared to $1.6B-$1.8B in our January outlook." The company continues to anticipate free cash flow of about $5.5B between 2020 and 2022.

  • 21

    Feb

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MGA Magna
$51.69 /

-0.8 (-1.52%)

01/09/20 Benchmark
Magna initiated with a Buy at Benchmark
12/17/19
Fly Intel: Top five analyst initiations
12/17/19 RBC Capital
Magna resumed with an Outperform at RBC Capital
11/13/19 Citi
Magna investment story intact, risk/reward favorable, says Citi

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