Delphi Automotive says remains confident in 2014 guidance Delphi Automotive its 2014 outlook for global vehicle production to increase about 3% remains intact. The company continues to see its 2014 revenue growth to be in excess of the market and sees delivering double-digit EPS growth in 2014. Delphi adds that its restructuring initiatives remain on track. Delphi states its areas of focus for M&A include electrical architecture, electronics and safety, and powertrain. Information from slides for Delphi Automotive 2014 investor update.
Delphi Automotive price target raised to $100 from $97 at Goldman Goldman raised Delphi's price target to $100 following the definitive agreement to sell its Thermal Systems unit reflecting an improved growth and ROIC profile. Shares are Buy rated.