UPDATE: Meritor (MTOR) Tops Q2 EPS by 10c, Beats on Revenues; Offers FY18 Revenue Guidance Above Consensus

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Go back to UPDATE: Meritor (MTOR) Tops Q2 EPS by 10c, Beats on Revenues; Offers FY18 Revenue Guidance Above Consensus

Meritor (MTOR) PT Lowered to $25 at RBC Capital

May 4, 2018 8:42 AM EDT

RBC Capital lowered its price target on Meritor (NYSE: MTOR) to $25.00 (from $27.00) while maintaining an Outperform rating.

Analyst Joseph Spak commented, "MTOR's results were solid, and management indicated that they are confident that they can hold margins despite the industry operating... More