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Fly News Breaks for May 1, 2019
May 1, 2019 | 09:30 EDT
Wolfe Research downgraded Magna to Peer Perform and lowered its price target to $60 from $68 to reflect lowered production forecasts. The firm's analyst believes CO2 regulations that take effect in 2020 could have a dramatic impact on the Auto industry's revenues and margins.
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