Shares of Magna (MGA) fell 10.9% Friday on a weak Q2 earnings report, but Deutsche Bank...

|About: Magna International Inc. (MGA)|By:, SA News Editor

Shares of Magna (MGA) fell 10.9% Friday on a weak Q2 earnings report, but Deutsche Bank reiterates at Hold with only a $2 haircut on its price target to $55 from $57. UBS says margin guidance issued by the firm will push consensus estimates lower, an expectation that may already be baked into the share price.