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Commercial Vehicle Group target range lowered at Barrington

Barrington analyst Gary Prestopino lowered the firm’s price target range on Commercial Vehicle Group (CVGI) to $3-$5 from $5-$7 and keeps an Outperform rating on the shares following the Q1 report. The company reported better than expected Q1 results but its end markets remain in a downturn, the analyst tells investors in a research note.

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