Sterne Agee Starts GM, F, BWA, TRW at Buy, LEA, DLPH, JCI at Neutral

An analyst at Sterne Agee initiated coverage on a number of stocks in the Auto and Auto Supplier group Wednesday morning:

• GM (NYSE: GM) with a Buy rating and a $36 price target
  
• Ford (NYSE: F) with a Buy rating and a $18 price target
  
• BorgWarner (NYSE: BWA) with a Buy rating and a $81 price target
  
• TRW Automotive (NYSE: TRW) with a Buy rating and a $53 price target
  
• Lear (NYSE: LEA) with a Neutral rating and $47 price target
  
• Delphi (Nasdaq: DLPH) with a Neutral rating and $59 price target
  
• Johnson Controls (NYSE: JCI) with a Neutral rating and $36 price target

Check out our Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Raymond James Starts Southern California Bancorp (BCAL) at Outperform
• BMO Capital Starts Semtech Corp. (SMTC) at Outperform
• BMO Capital Starts Broadcom Limited (AVGO) at Outperform