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Citi Reports On Meetings With LEA's Management
Friday, June 10, 2011 - 8:31am | 140Citi is maintaining its Buy rating and its $64 price target on Lear Corp. (NYSE: LEA) after an investor meeting with the company's senior management. In the report, Citi states, “While acknowledging recent signs of slowing macro conditions, Lear appeared confident in its own trajectory, reminding...
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Jefferies Keeps Buy Rating on Lear Corp.
Monday, May 2, 2011 - 9:48am | 65Jefferies & Company kept its Buy rating on Lear Corp. (LEA) Friday after the company reported earnings. Jefferies states,"LEA upsided 1Q consensus by a resounding 28%. At 3.7x forward EBITDA, we feel the shares are simply too cheap to ignore. Reiterate Buy rating." Shares of Lear Corp. (LEA)...
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Goldman Sachs Reiterates Buy Rating On Lear Corp
Monday, May 2, 2011 - 7:59am | 91According to Goldman Sachs, Lear Corp. (NYSE: LEA) Buy rating is reiterated. Goldman Sachs said that, post 1Q11 results, it is adjusting its Y2011/FY2012/FY2013 estimates to $5.28/$7.07/$7.47 from $4.95/$6.26/$6.46. “Our new estimates reflect (1) the flow-through of much stronger 1Q results, (2) a...
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Goldman Sachs Initiates LEA Coverage With A Buy Rating, $115 PT
Friday, December 17, 2010 - 7:34am | 28Goldman Sachs is initiating coverage on Lear Corporation (NYSE: LEA) with a Buy rating and a six-month price target of $115.