Visteon (VC) Misses Q1 EPS by 50c, Revenues Beat; Affirms FY19 Revenue Mid-Point Guidance Above Consensus

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Go back to Visteon (VC) Misses Q1 EPS by 50c, Revenues Beat; Affirms FY19 Revenue Mid-Point Guidance Above Consensus

UPDATE: Baird Upgrades Visteon (VC) to Outperform

April 23, 2019 3:46 AM EDT

(Updated - April 23, 2019 8:56 AM EDT)

(updated to add analyst comments)

Baird analyst David Leiker upgraded Visteon (NASDAQ: VC) from Neutral to Outperform with a price target of $108.00 (from $87.00).

The analyst commented, "While Visteon still faces severe near-term challenges from weak customer... More