RESEARCH ALERT-Deutsche bullish on three auto parts suppliers

Newswire

DETROIT, June 28 (Reuters) - Deutsche Bank Securities Inc. initiated coverage of six North American auto parts makers on Friday with "strong buy" ratings for Lear Corp. , Johnson Controls Inc. and Borg Warner Inc. . In a research note, Deutsche Bank analyst Rod Lache said he was also putting a "buy" rating on Magna International Inc. while ranking shares of Visteon Corp. and Delphi Corp. , the world's largest automotive parts supplier, as "market perform." "We believe the recent ...

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