Seeking Alpha

Goldman takes a look at auto parts makers and downgrades Standard Motor Products (SMP) to Sell...

Goldman takes a look at auto parts makers and downgrades Standard Motor Products (SMP) to Sell from Neutral and Delphi (DLPH) to Neutral from Buy. SMP doesn't stack up well against peers in terms of growth and end market positioning despite a relatively rich multiple, analysts say. Tenneco (TEN) also catches a downgrade to Neutral on valuation, as the shares are up 43% YTD.
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