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Deutsche Bank initiates Buy catalyst call on Visteon, ups target to $172

Deutsche Bank analyst Emmanuel Rosner raised the firm’s price target on Visteon to $172 from $136 and keeps a Buy rating on the shares. The analyst also initiated a Buy catalyst call on the name ahead of its 2023 outlook, which could meet or exceed high Street expectations, and into the company’s Capital Markets Day in early March, which could reinforce its industry-leading GoM profile and opportunity to drive much additional margin expansion over the medium term.

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Published first on TheFly

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