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What Does A Potential E-Systems Spinoff Mean For Lear?
Tuesday, October 3, 2017 - 11:43am | 414While there’s renewed interest in a spinoff of Lear Corporation (NYSE: LEA)’s electrical division E-Systems, the upside for such a move is already priced in, according to UBS. Spinoffs announced at Autoliv Inc. (NYSE: ALV) and Delphi Automotive PLC (NYSE: DLPH) have left investors...
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Why Shares Of Lear Corporation Were Trading Higher On Tuesday
Tuesday, February 3, 2015 - 12:12pm | 95Shares of Lear Corporation (NYSE: LEA) were trading higher by nearly 5 percent Tuesday morning after activist investment firm Marcato Capital is reportedly pushing the company to split. CNBC's Kate Kelly tweeted that Marcato Capital wants the company to separate its electrical and seating business...
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Goldman Sachs PT Changes for 6/6
Monday, June 6, 2011 - 8:05am | 68Goldman Sachs has changed the price target on the following companies: Dana Holding Corporation (NYSE: DAN) from $24 to $25 and maintains its Buy rating. Lear Corporation (NYSE: LEA) from $65 to $68 and maintains its Buy rating. Meritor (NYSE: MTOR) from $20 to $19 and maintains its Neutral...
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JP Morgan Raises PT On Lear Corporation To $70
Monday, May 2, 2011 - 6:03am | 27JP Morgan has raised the price target on Lear Corporation (NYSE: LEA) from $67.50 to $70 and maintains its Neutral rating.
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Jefferies Initiates Lear Corporation At Buy, $123 PT
Friday, March 18, 2011 - 7:22am | 27Jefferies & Company has initiated coverage on Lear Corporation (NYSE: LEA) with a Buy rating and $123 price target.
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Lear Announces 2:1 Stock Split And $400M Share Buyback
Thursday, February 17, 2011 - 10:30am | 191Deutsche Bank has published a research report on Lear Corporation (NYSE: LEA) after the company announced a 2:1 stock split and a $400M share buyback. In the report, Deutsche Bank writes "Lear announced a 2:1 stock split, $400MM share buyback, and instituted a $0.25 per share annual dividend (on a...
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JP Morgan Raises PT On Lear Corporation To $135
Wednesday, February 2, 2011 - 8:16am | 27JP Morgan has raised the price target on Lear Corporation (NYSE: LEA) from $98 to $135 and maintains its Neutral rating.
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Lear Reports 4Q Beat, Deutsche Bank Leaves Estimates Unchanged
Tuesday, February 1, 2011 - 10:11am | 208Deutsche Bank has published a research report on Lear Corporation (NYSE: LEA) after the company exceeded analyst expectations in its 4Q, allowing Deutsche Bank to leave its estimates unchanged. In the report, Deutsche Bank writes that "Lear's Q4 exceeded our estimates. Revenue of $3.2 bn compared...
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J.P. Morgan Expects Neutral Reaction On LEA Guidance
Tuesday, January 11, 2011 - 10:02am | 106Lear Corporation (NYSE: LEA) provided formal 2011 guidance and updated backlog figures ahead of the Detroit Auto Show, J.P. Morgan reports. “Specifically, LEA sees 2011 revenues rising to a range of $12.6-$13.0B (below consensus' $13.2B and in-line with JPMe $13.0B) and 2011 core operating earnings...
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Deutsche Bank On U.S. Autos & Parts
Wednesday, December 22, 2010 - 9:42am | 334Deutsche Bank has published a research report on U.S. Autos and Auto Parts reporting December mid-month survey that points of a 4Q SAAR of 12.2MM. In the report, Deutsche Bank writes "Based on our mid-month channel checks, we estimate that the U.S. light vehicle SAAR is tracking at 12.2MM in...