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Visteon Corporation (VC) [hlAlert]

Rating:
Neutral VC

Visteon Corporation (VC) rated Neutral by JP Morgan

Posted on: Wednesday,  Jul 18, 2012  9:27 AM ET by JP Morgan

Visteon Corporation (NYSE:
VC) rated Neutral by JP Morgan.

Visteon Corporation (Visteon) is a global supplier of climate, interiors and electronics systems, modules and components to automotive original equipment manufacturers (OEMs), including BMW, Chrysler, Daimler, Ford, General Motors, Honda, Hyundai, Kia, Nissan, PSA Peugeot Citroen, Renault, Toyota and Volkswagen. The Company has a network of manufacturing operations, technical centers and joint venture operations worldwide. The Company?s operations are organized in global product groups, including Climate, Electronics and Interiors. In October 2010, the Company announced that it has completed its reorganization and emerged from the United States Chapter 11 process. In March 2010, the Company completed the sale of substantially all of the assets of Atlantic Automotive Components, L.L.C.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2012 9:27 AM Hold
None
32.02
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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