Visteon Navigates China Headwinds, Wins JPMorgan Analyst Nod
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
