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Lear Corporation (NYSE:LEA) stock price target reduced to $142.00, issued a report today by Morgan Stanley

In a report released on 06/08/2017 Morgan Stanley reduced the stock price target of Lear Corporation (NYSE:LEA) from $149.00 to $142.00 indicating a possible downside of -0.07%.

Previously on Friday May 05, 2017, Seaport Global reported on Lear Corporation (NYSE:LEA) increased the target price from $0.00 to $163.00. At the time, this indicated a possible upside of 0.16%.

Yesterday Lear Corporation (NYSE:LEA) traded -0.63% lower at $152.87. The company’s 50-day moving average is $162.86 and its 200-day moving average is $148.01. The last closing price is up 16.42% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 526,935 shares of the stock traded hands, down from an average trading volume of 684,234

See Chart Below

Lear Corporation (NYSE:LEA)

Lear Corporation has a 52 week low of $110.77 and a 52 week high of $177.24 with a P/E ratio of 11.48 The company’s market cap is currently $0.

In addition to Morgan Stanley reporting its stock price target, a total of 14 brokers have issued a report on the company. The average stock price target is $139.57 with 4 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Lear Corporation (NYSE:LEA)

Lear Corporation (Lear) is a supplier to the global automotive industry. The Company is engaged in supplying seating, electrical distribution systems and electronic modules, as well as related sub-systems, components and software, to automotive manufacturers. The Company's segments include Seating and E-Systems. The Company serves the automotive and light truck market. The Seating segment consists of the design, development, engineering, just-in-time assembly and delivery of complete seat systems, as well as the design, development, engineering and manufacture of all seat components, including seat covers and surface materials, such as leather and fabric, seat structures and mechanisms, seat foam and headrests. The E-Systems segment consists of the design, development, engineering, manufacture, assembly and supply of electrical distribution systems, electronic modules and related components and software for light vehicles across the world.

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