The Globe and Mail reports in its Friday edition that Magna International's ($109.89 (Canadian)) guidance on Wednesday came in below expectations, so the stock's subsequent fall comes as no surprise. The Post's Jonathan Ratner writes that Magna's revenue outlook of $34.4-billion (U.S.) to $36.1-billion (U.S.) was largely currency related. However, Magna's longer-term growth outlook came in ahead of expectations, which is one reason RBC Capital Markets analyst Steve Arthur thinks Wednesday's 6-per-cent price decline was too severe. Magna's stock dropped a further 5 per cent Thursday. In support, Mr. Arthur notes that planned capex of $1.5-billion (U.S.) to $1.7-billion (U.S.) in 2015 was higher than anticipated -- a positive sign. He says: "We view Wednesday's share price decline as an overreaction to the 2015 outlook. The business continues to perform well." While product trends look good for Magna in the medium to long term, the analyst notes that lower oil prices could also provide a boost. That is because Magna remains disproportionately exposed to larger vehicles, which tend to gain market share when gasoline prices are low. Canaccord analyst David Tyerman also sees a buying opportunity at Magna.