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Fly News Breaks for January 14, 2020
DLPH
Jan 14, 2020 | 07:47 EDT
Deutsche Bank analyst Emmanuel Rosner downgraded Delphi Technologies to Hold from Buy with a price target of $11, down from $14. The analyst worries that industry demand and powertrain mix in Europe could be a large source of uncertainty and production volatility in 2020. He sees additional downside risk to Delphi's 2020 outlook from volume, mix and macro pressures, "overwhelming the impact from its self-help initiatives."
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