Market Overview

CRT Capital Upgrades Meritor

Related MTOR
Earnings Scheduled For November 16, 2016
Watch These 7 Huge Call Purchases In Thursday Trade

In a research report released Tuesday, CRT Capital upgraded Meritor (NYSE: MTOR) from Fair Value to Buy. CRT Capital raised its previous price target in the report from $14 to $15 per share.

CRT Capital claims that Meritor's settlement with Eaton was much better than expected with $209 million in proceeds; analysts at CRT Capital only anticipated $100 million.

Shares of Meritor closed at $12.93, up 1.97 percent.

Latest Ratings for MTOR

Nov 2016BarclaysMaintainsEqual-Weight
Aug 2016CitigroupMaintainsNeutral
Jun 2016PiperJaffrayDowngradesBuyUnderweight

View More Analyst Ratings for MTOR
View the Latest Analyst Ratings

Posted-In: CRT CapitalUpgrades Price Target Analyst Ratings


Related Articles (MTOR)

View Comments and Join the Discussion!