Visteon Navigates China Headwinds, Wins JPMorgan Analyst Nod
JPMorgan analyst Ryan Brinkman raised the price forecast for auto tech company Visteon Corporation (NASDAQ:VC) from $90 to $97.Brinkman kept a Neutral rating following the company’s first-quarter results reported in April.The company reported adjusted EPS of $2.40, which exceeded the $1.88 estimate, and sales of $934 million, which exceeded the $910.98 million projection.The company withdrew full-year guidance, citing uncertainty in the automotive industry.The analyst ...Full story available on Benzinga.com