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Barclays Downgraded Tier 1 Auto Parts Suppliers LEA & JCI; Upgraded BWA

January 23, 2012 2:37 PM EST
LEA Hot Sheet
Rating Summary:
    6 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 22
This morning, Barclays downgraded Tier 1 Auto Parts Suppliers, including:

Lear Corp (NYSE: LEA)(PT cut $7 to $52) and Johnson Controls (NYSE: JCI)(PT cut $5 to $35)

However, the firm did feel differently about BorgWarner (NYSE: BWA), which it upgraded from Equalweight to Overweight and raised its price target from $83 to $95.


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