Goldman Sachs Views ArvinMeritor's Analyst Day as Somewhat Conservative

Goldman Sachs is out with its report on ArvinMeritor (NYSE: ARM) following ARM's analyst day.

Some of the key takeaways Goldman Sachs notes are, "The company is targeting a 10% EBITDA margin by late 2012 and a quarterly revenue run-rate of $1.3bn. Consistent with recent orders, the NA Class 8 recovery is on track and the company is preparing itself for the upturn with a focus on critical supply chain management to deliver profitable organic growth. The aftermarket remains a key piece of its 2011 growth strategy with significant opportunities in remanufacturing as well as the India and Chinese braking business."

ARM closed yesterday at $18.98.