Baird Downgrades American Axle (AXL) to Neutral

August 27, 2008 9:36 AM EDT

Robert W. Baird downgrades American Axle & Manufacturing (NYSE: AXL) from Outperform to Neutral with a $7 price target.

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, engages in the manufacture, engineering, design, and validation of driveline and drivetrain systems, and related components and chassis modules for automotive industry in the United States.


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AXL 2.83

+0.19 +7.20%
Volume: 484,138
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