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Thursday, April 20, 2017

Three Reasons The Bears Are Wrong About Lear Corp.

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An upgrade from Robert W. Baird is boosting shares of Lear Corp. (LEA) Thursday.

Analyst David Leiker upgraded Lear to Outperform and increased his price target by $1, to $161–though he sees the stock reaching $225 by 2020. He writes that the upgrade comes after the shares have drifted lower recently, even as fundamentals in the auto market remain robust.

April 20, 2017 at 10:57PM

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from Teresa Rivas

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