Dana Incorporated (DAN) Reports Acquisition of Drive Systems Segment from Oerlikon Group for Approx. $600M

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

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.

Dana Holding (DAN) PT Lowered to $22 at Stephens

Stephens lowered its price target on Dana Holding (NYSE: DAN) to $22.00 (from $24.00) while maintaining a Equal Weight rating.

Dana Holding (DAN) PT Lowered to $25 at RBC Capital

RBC Capital lowered its price target on Dana Holding (NYSE: DAN) to $25.00 (from $30.00) while maintaining a Outperform rating.

Analyst Joseph Spak said, "Peak concerns persist but FCF underappreciated."

UPDATE: Barclays Upgrades Dana Holding (DAN) to Overweight

(Updated - July 26, 2018 5:36 AM EDT)

(updated to add analyst comment)

Barclays upgraded Dana Holding (NYSE: DAN) from Equalweight to Overweight with a price target of $30.00.

Analyst Brian Johnson comments "With Dana stock down 39% YTD (vs the S&P +6%) we think a buying... More