Delphi Automotive a Top Idea in Global Automotive space at RW Baird Baird continues to recommend buying Delphi and called it a Top Idea in the Global Automotive space citing an uptrend in US and China demand, 2H 2013 earnings growth , and a potential revaluation of company as investors recognize strength of its transformed business model. Shares are Outperform rated with a $48 price target, raised from $41.
Deutsche sees upside potential for Mobileye, raises target After speaking with Dr. Mark Rosekind, the National Highway Traffic Safety Administration's new Administrator, Deutsche Bank believes the U.S. is about to adopt a more proactive stance on active safety technologies like Forward Crash Avoidance and Mitigation Systems. It thinks FCAM growth is likely to exceed its prior assumptions, providing upside potential for Mobileye (MBLY) and possibly Delphi Automotive (DLPH) and Autoliv (ALV). Deutsche raised its price target for Mobileye shares to $55 from $53 and keeps a Buy rating on the name.