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Deutsche Bank keeps Hold on Dana, raises price target to $16
The Fly

Deutsche Bank keeps Hold on Dana, raises price target to $16

Deutsche Bank analyst Emmanuel Rosner raised the firm’s price target on Dana to $16 from $15 and keeps a Hold rating on the shares. The analyst expects Dana to report weak Q4 performance as the company comes under additional near-term pressure from rising costs and increased inefficiencies related to customer production volatility, making it difficult to reach implied guidance for flat earnings quarter-over-quarter.

Published first on TheFly

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