Morgan Stanley Remains a Hold on Delphi Technologies (DLPH)


In a report released today, Armintas Sinkevicius from Morgan Stanley maintained a Hold rating on Delphi Technologies (DLPH), with a price target of $10.00. The company’s shares closed last Monday at $11.02.

According to TipRanks.com, Sinkevicius is a 2-star analyst with an average return of 0.0% and a 48.5% success rate. Sinkevicius covers the Services sector, focusing on stocks such as Penske Automotive Group, Group 1 Automotive, and Sonic Automotive.

The word on The Street in general, suggests a Hold analyst consensus rating for Delphi Technologies with a $14.75 average price target.

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Based on Delphi Technologies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.03 billion and net profit of $14 million. In comparison, last year the company earned revenue of $1.16 billion and had a net profit of $39 million.

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Delphi Technologies PLC engages in the development, design, and manufacture of integrated powertrain technologies. It operates through the following segments: Powertrain Systems, Aftermarket and Eliminations and Others.

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