Lear Corp. (LEA) Tops Q2 EPS by 16c; Boosts FY14 Outlook

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Deutsche Bank Downgrades Lear (LEA) to Hold

July 28, 2014 6:49 AM EDT

Deutsche Bank downgraded Lear (NYSE: LEA) from Buy to Hold with a price target of $103.00 (from $100.00). The change is tied to valuation.

Analyst Rod Lache said, "Lear reported Q214 EPS estimate of $2.12; well ahead of our $1.92 estimate... More