UPDATE: Citigroup Raises PT on Delphi Automotive Following Solid 2Q Beat

In a report published Thursday, Citigroup analyst Itay Michaeli reiterated a Buy rating on Delphi Automotive (NYSE: DLPH ), and raised the price target from $52.00 to $61.00. In the report, Citigroup noted, “Following a solid Q2 beat with a largely affirmed 2013 outlook. We've modestly lifted estimates and raised