"Deutsche Bank lowers targets on Auto and Auto Part stocks.
Deutsche Bank has updated their sales and production forecasts to reflect a somewhat more conservative trajectory of U.S. recovery. They elieve these changes have been well flagged. Firm says there are modest adjustments to their earnings estimates and targets but no changes to their ratings. Firm lowers their Johnson Controls (JCI) tgt to $33.50 from $36, TRW Automotive (TRW) to $38 from $40 and Autoliv (ALV) tgt to $65 from $67"
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