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In a report released Monday, Deutsche Bank analyst Rod Lache downgrades Lear Corporation
LEA from Buy to Hold while raising its price target from $100 to $103 a share.
Analyst at Deutsche Bank lower the company's rating based on its valuation decreasing. Deutsche Bank projects Learn to core earnings to be $1,025MM in 2014 and $1,140MM in 2015. The note included downside risks of lower industry volume and margins in both of its operating segments.
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