Dana to Purchase Drive Systems Segment of Oerlikon Group

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Dana Holding (DAN) PT Raised to $26 at RBC Capital; Positive on Oerlikon Deal

July 31, 2018 8:37 AM EDT

RBC Capital raised its price target on Dana Holding (NYSE: DAN) to $26.00 (from $25.00) while maintaining an Outperform rating.

Analyst Joseph Spak said the Oerlikon's Drive Systems deal is attractive from a financial, strategic and technology perspective.

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