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Stock Market & Financial Investment News

News Breaks
January 28, 2013
07:30 EDTMGAMagna upgraded to Buy from Hold at KeyBanc
KeyBanc upgraded Magna due to exposure to Europe and expanding long-term margins. Price target is $61.
News For MGA From The Last 14 Days
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December 19, 2014
09:24 EDTMGAJohnson Controls Magna could be hurt by Toyota consolidation, says Wells Fargo
Wells Fargo beleives that Johnson Controls (JCI) and Magna (MGA) could be hurt in the intermediate term by Toyota's (TM) decision to merge the seating manufacturing operations of four of its affiliates. Wells thinks Toyota's move should make bidding for seating deals more competitive. It keeps Market Perform ratings on Johnson Controls and Magna.

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