UPDATE 1-Baird cuts U.S. auto & truck parts suppliers sector


(Recasts, adds details) Aug 27 (Reuters) - Robert W. Baird & Co downgraded the U.S. auto & truck parts suppliers sector to "market weight" from "overweight," saying light-vehicle sales in the United States would likely be depressed for several years, and that auto sales in European and emerging markets were headed for a cyclical downturn. Analyst David Leiker said light-vehicle sales in the United States were at their lowest in 15 years. The European market has seen two months of ...

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