Lear Corp. (LEA) Tops Q3 EPS by 21c; Boosts FY15 Outlook

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Deutsche Bank Downgrades Lear (LEA) to Hold

October 26, 2015 7:44 AM EDT

Deutsche Bank downgraded Lear (NYSE: LEA) from Buy to Hold with a price target of $127.00 (from $121.00). The change is tied to valuation.

Analyst Rod Lache said, "We are raising our 2015/2016 EPS estimates to $10.45/$11.50 from $10.05/$11.00. And we are raising our 12-month target to $127... More