Three Reasons The Bears Are Wrong About Lear Corp.

An upgrade from Robert W. Baird is boosting shares of Lear Corp. (LEA) Thursday.

Analyst David Leiker upgraded Lear to Outperform and increased his price target by $1, to $161–though he sees the stock reaching $225 by 2020. He writes that the upgrade comes after the shares have drifted lower recently, even as fundamentals in the auto market remain robust.
Source: Barrons

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