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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01457540: Holder and Perform (DS10)

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This document contains an equity research report on Delphi Automotive (DLPH.N) dated April 30, 2015, presenting analyst recommendations, target prices, and shareholder information. The report includes a 'Market Perform' rating with buy and sell recommendations based on 12-month views of total shareholder projected dividend yields and equity rating dispersions. The document is a standard financial analyst report with banking relationship data.

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recommendations and target price: Delphi Automotive (DLPH.N) (as of 4/30/2015) 90.00 Previous Recommendations 10 11 80.00 Strong Buy 9, Buy 7 70.00 Market **Perform**
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Price Change USD75.00 Equity rating key Equity rating dispersion and banking relationships Buy: Based on a current 12- month view of total 600 share-**holder**
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plus pro-jected dividend yield ) . we recommend that 400 58% investors buy the stock. 300 44% Sell: Based on a current 12-month view of total share- 200 **holder**

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