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KeyBanc Looks For Winners And Losers In The Auto Parts Space
Tuesday, December 11, 2018 - 5:34pm | 683Read More...KeyBanc analysts looked into the crowded auto parts and equipment space. The Analyst KeyBanc Capital Markets' James Picariello on Tuesday initiated coverage of the following: Adient PLC (NYSE: ADNT) at Underweight, $18 price target. Aptiv PLC (NYSE: APTV) at Overweight, $95 price target....
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Morgan Stanley Warns Ford Layoffs Could Outpace GM Cuts
Tuesday, December 4, 2018 - 11:48am | 453Read More...Ford Motor Company (NYSE: F) has warned of layoffs in the first half of the coming year, and one analyst speculates that Dearborn's salaried workforce reduction could surpass General Motors Company (NYSE: GM)’s recent slashing of 8,000 salaried jobs, according to The...
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GM Surges On Another Positive Q3 Auto Report
Wednesday, October 31, 2018 - 9:40am | 497Read More...The good week for automakers just keeps getting better. Over the last several sessions, manufacturers have ridden positive tax news out of China and superior earnings out of Ford Motor Company (NYSE: F) and Tesla Inc (NASDAQ: TSLA). On Wednesday, General Motors Company (NYSE: GM) capped the series...
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Ford CEO: 'We Now Have Solutions For Cities'
Wednesday, September 26, 2018 - 11:27am | 419Read More...Three technological advancements are converging simultaneously in the auto industry that could offer "solutions for cities," according to Ford Motor Company (NYSE: F) CEO Jim Hackett. What Happened The three emerging technologies in the auto sectorare the advancement of electric...
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Amazon Threat Turns JPMorgan Bearish On Valvoline
Friday, September 14, 2018 - 2:14pm | 375Read More...Reports of Amazon.com, Inc. (NASDAQ: AMZN) entering the motor oil business should be of particular concern for Valvoline Inc (NYSE: VVV) investors, according to JPMorgan. The Analyst JPMorgan's Jeffrey Zekauskas downgraded Valvoline from Neutral to Underweight with a price target lowered...
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Ford's 'Fortress' Balance Sheet, Accelerated Targets Win Over Jefferies
Tuesday, May 29, 2018 - 1:48pm | 392Read More...More than half of Ford Motor Company (NYSE: F) analysts have Holds on the stock — a fact that startled Jefferies into an upgrade. “Rarely have we seen an OEM generate so little passion,” the firm’s analysts said Tuesday. The Rating Jefferies’ Philippe Houchois and...
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Goldman Likes TE Connectivity's Backlog, Macro Trends Add Further Confidence
Wednesday, April 18, 2018 - 3:15pm | 364Read More...TE Connectivity Ltd (NYSE: TEL) is well positioned to continue benefiting from content gain opportunities in the auto market and management has done a good job in increasing its exposure to hyper scale customers, according to Goldman Sachs. The Analyst Goldman Sachs' Mark Delaney upgraded TE...
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Goldman: Tenneco's Federal-Mogul Acquisition Fails To Address Investor Concerns
Friday, April 13, 2018 - 1:04pm | 368Read More...Tenneco Inc (NYSE: TEN)'s proposed $5.4-billion acquisition of Icanh Enterprises LP (NASDAQ: IEP)-owned Federal-Mogul is likely to be accretive to its earnings per share, but the deal fails to address two ongoing investor concerns, according to Goldman Sachs. The Analyst Goldman Sachs...
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Texas Instruments' Valuation Captures Future Growth, Longbow Says In Neutral Initiation
Tuesday, March 27, 2018 - 11:29am | 411Read More...Texas Instruments Incorporated (NASDAQ: TXN)'s business warrants a premium valuation, but after a strong appreciation in the stock over the past year, the valuation captures the company's strong outlook, according to Longbow. Research. The Analyst Longbow's Shawn Harrison initiated...
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Morgan Stanley Double Upgrades American Axle, BorgWarner; Downgrades Magna, Delphi
Thursday, March 22, 2018 - 1:39pm | 730Read More...The auto sector can be divided into two entities: Auto 1.0, the more traditional and legacy auto sector, and Auto 2.0, which includes shared, electric and autonomous vehicles, according to Morgan Stanley. The Analyst Morgan Stanley's team of analysts led by Armintas Sinkevicius, Adam Jonas...
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RBC Repairs Thesis On O'Reilly Automotive, Upgrades Stock
Wednesday, December 13, 2017 - 1:59pm | 422Read More...O'Reilly Automotive Inc (NASDAQ: ORLY)'s stock is down nearly 10 percent in 2017, but some Wall Street analysts are laying out the bullish case for owning the stock heading into 2018. The Analyst RBC Capital Markets' Scot Ciccarelli upgraded O'Reilly's stock from Sector...
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BofA: Buy Delphi Automotive Before It's Too Late
Monday, November 20, 2017 - 1:30pm | 431Read More...Delphi Automotive PLC (NYSE: DLPH) confirmed last week an accelerated plan to spin off its two businesses into two different publicly traded entities, Aptiv PLC (the electronics business) and Delphi Technologies (the powertrain business). The Analyst Bank of America's John Murphy upgraded...
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Goldman Downgrades GM On Absolute Downside In 2018
Monday, October 30, 2017 - 9:20am | 411Read More...Shares of General Motors Company (NYSE: GM) were trading lower by more than 3 percent early Monday morning likely in reaction to a downgrade by analysts at Goldman Sachs. The firm's David Tamberrino downgraded General Motors' stock rating from Neutral to Sell with an unchanged $32 price target (see...
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Downshifting CarMax To A Perform Rating, Analyst Sees Continuing Sales Momentum In Question
Friday, October 6, 2017 - 10:08am | 384Read More...Analysts at Oppenheimer no longer hold a bullish rating on CarMax, Inc (NYSE: KMX)'s stock after a nearly 45 percent return over the past year. The firm's Brian Nagel downgrades CarMax's stock rating from Outperform to Perform with an unchanged $80 price target (see Nagel's track record here)....
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Not Much Runway For Lear Shares To Soar Higher; Buckingham Goes Neutral
Tuesday, September 26, 2017 - 2:06pm | 454Read More...Analysts at the Buckingham Research Group consider Lear Corporation (NYSE: LEA) to be "one of the best" auto supplier companies in the sector yet at the same time the stock can no longer be considered a buy. The firm's Joseph Amaturo downgrades Lear's stock rating from Buy to Neutral with an...















