Lear Revises Full Year 2019 Outlook and Reports Preliminary Second Quarter 2019 Results

Go back to Lear Revises Full Year 2019 Outlook and Reports Preliminary Second Quarter 2019 Results

UPDATE: Citi Downgrades Lear (LEA) to Neutral Following 2019 Guide-Down

July 17, 2019 11:06 AM EDT

(Updated - July 17, 2019 11:18 AM EDT)

(updated to add analyst comment)

Citi analyst Itay Michaeli downgraded Lear (NYSE: LEA) from Buy to Neutral with a price target of $144.00 (from $188.00).

The analyst comments "Our downgrade reflects concerns that Lears guidance... More