Upgrades Neutral Buy X

AXL American Axle

UBS

$7

Initiated Hold X

AXL American Axle

TD Cowen

$5

Resumed Hold X

AXL American Axle

Deutsche Bank

$6

Upgrades Sell Neutral X

AXL American Axle

UBS

$7

Downgrades Neutral Sell X

AXL American Axle

UBS

$8 $6.50

Downgrades Neutral Underperform X

AXL American Axle

BofA Securities

$9 $8

Initiated Neutral X

AXL American Axle

UBS

$9

Initiated Equal Weight X

AXL American Axle

Barclays

$10

Downgrades Buy Neutral X

AXL American Axle

BofA Securities

$16 $13

Downgrades Outperform Peer Perform X

AXL American Axle

Wolfe Research

Initiated Neutral X

AXL American Axle

Exane BNP Paribas

$7

Upgrades Sec Weight Overweight X

AXL American Axle

KeyBanc Capital Markets

$14

Downgrades Buy Neutral X

AXL American Axle

Citigroup

$13

Initiated Outperform X

AXL American Axle

Credit Suisse

Upgrades Neutral Buy X

AXL American Axle

BofA/Merrill

$15 $20

Upgrades Underperform Neutral X

AXL American Axle

BofA/Merrill

Initiated Outperform X

AXL American Axle

Wolfe Research

Upgrades Neutral Buy X

AXL American Axle

Citigroup

Upgrades Underweight Overweight X

AXL American Axle

Morgan Stanley

AXL  American Axle & Manufacturing Holdings, Inc.

American Axle & Manufacturing Holdings, Inc. (AAM) manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles, crossover vehicles, passenger cars and commercial vehicles. Its driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. Its driveline, drivetrain and related products include axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts, electric drive systems and metal-formed products. The Company's subsidiary, e-AAM Driveline Systems AB (e-AAM), engineers and develops battery electric and hybrid driveline systems to be commercialized for crossover vehicles and passenger cars. As of April 6, 2017, it operated in 17 countries and had approximately 90 manufacturing, engineering and business office facilities around the world.