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Enter Symbol:
Arvinmeritor, Inc. (MTOR) [hlAlert]

up 95.56 %

Arvinmeritor, Inc. (MTOR) downgraded to Hold by KeyBanc Capital Mkts

Posted on: Friday,  Nov 18, 2011  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Hold Arvinmeritor, Inc. (NYSE: MTOR) on 11/18/2011. Previously KeyBanc Capital Mkts rated Buy Arvinmeritor, Inc. (NYSE: MTOR) on
11/19/2008., when the stock price was $2.93. Since then, Arvinmeritor, Inc. has gained 95.56% as of 11/18/2011's recent price of $5.73.
If you would have followed the previous KeyBanc Capital Mkts's recommendation on MTOR, you would have gained 95.56% of your investment in 1094 days.

ArvinMeritor, Inc. (ArvinMeritor) is a global supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. Its principal products are axles, undercarriages, drivelines, brakes and braking systems, and roofs and door systems. ArvinMeritor designs, develops, manufactures, markets, distributes, sells, services and supports a range of products for use in the transportation and industrial sectors. It operates in four segments: Commercial Truck segment, Industrial segment, Aftermarket & Trailer segment and Light Vehicle Systems (LVS) segment. On June 5, 2009, the Company sold its 51% interest in Gabriel de Venezuela to its joint venture partner. On September 21, 2009, the Company completed the sale of its wheels business. On October 30, 2009, the Company sold its 57% owned joint venture Meritor Suspension Systems Company (MSSC).

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2011 8:25 AM Hold
as of 12/30/2011
1 Week   
1 Month   
3 Months down  -18.83 %
1 YTD down  -72.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2008 2:25 PM Buy
2.93 7.00
1/14/2008 10:50 AM Buy
11.07 20.00

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