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Meritor (NASDAQ:MTOR) was upgraded by TheStreet from a “sell” rating to a “hold” rating in a research note issued on Friday, Stock Ratings Network reports.

The analysts wrote, “Meritor (MTOR) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in net income. However, as a counter to these strengths, we find that the company’s profit margins have been poor overall.”

Several other analysts have also recently commented on the stock. Analysts at Barclays raised their price target on shares of Meritor from $10.00 to $12.00 in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Meritor from $10.00 to $12.00 in a research note to investors on Thursday, January 9th. They now have a “buy” rating on the stock. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Meritor in a research note to investors on Monday, December 23rd. They now have a $9.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Meritor currently has a consensus rating of “Hold” and an average price target of $9.03.

Shares of Meritor (NASDAQ:MTOR) traded down 0.73% during mid-day trading on Friday, hitting $10.81. The stock had a trading volume of 474,991 shares. Meritor has a one year low of $4.11 and a one year high of $11.26. The stock has a 50-day moving average of $9.73 and a 200-day moving average of $8.17. The company’s market cap is $1.053 billion.

Meritor (NASDAQ:MTOR) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.06. The company had revenue of $907.00 million for the quarter, compared to the consensus estimate of $922.07 million. During the same quarter in the previous year, the company posted ($0.11) earnings per share. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. On average, analysts predict that Meritor will post $0.40 earnings per share for the current fiscal year.

Meritor, Inc (NASDAQ:MTOR) is a global supplier of a range of integrated systems and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors.

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