Morgan Stanley Sees More Rough Times Ahead for American Axle & Manufacturing
February 19, 2014 at 09:00 AM EST
In a report published Wednesday, Morgan Stanley analyst Ravi Shanker reiterated an Underweight rating and $14.00 price target on American Axle & Manufacturing (NYSE: AXL ). In the report, Morgan Stanley noted, “For a company with almost no exposure to Europe or the volatile CV cycle and that is in