Delphi Announces Plans for Tax-Free Spin-Off of Powertrain Segment

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Go back to Delphi Announces Plans for Tax-Free Spin-Off of Powertrain Segment

Delphi Automotive PLC (DLPH) PT Raised to $106 at Jefferies; Reiterates Buy

May 4, 2017 9:28 AM EDT

Jefferies raised its price target on Delphi Automotive PLC (NYSE: DLPH) to $106.00 (from $100.00) while maintaining a Buy rating. 1Q adjusted EPS of $1.59 beat the consensus estimate of $1.46, driven by both sales and EBIT margin upside.

DLPH's expected Powertrain spin-off further shifts focus to... More