The firm cited the increasing price of Halla Visteon Climate Control shares in South Korea for its change.
Analysts at JPMorgan Chase added that the company's split of the climate and electronics businesses would bring more near-term realization of the value of the different parts.
Visteon reportedly will split into two companies and noted there was no benefit of the two divisions operating under the same corporate umbrella.
Separately, TheStreet Ratings team rates VISTEON CORP as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate VISTEON CORP (VC) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows: