auto

Shares of Cohu, Inc. (NASDAQ: COHU) gained more than 10 percent Monday morning and hit a new 52-week high of $22.84 — in part due to an upgrade by analysts at Needham. The firm's Y. Edwin Mok upgraded Cohu's stock rating from Hold to Buy with a newly established $24 price target amid multiple...

U.S. vehicle sales continued to be lackluster in July, with the weakness more pronounced among the U.S. automakers. Coupled with sales worries, the industry is also plagued by higher inventory levels and unusually higher incentives for this time of the year. The companies continued to chip away...

Shares of Autoliv Inc. (NYSE: ALV) were hard hit on Friday after the company disappointed investors in its earnings report. But the sell off has also created an "opportunistic entry point" for a long-term investment, at least according to analysts at BMO Capital Markets. BMO's Richard Carlson...

The aftermarket auto parts sector isn't a "wreck," according to Bank of America's Denise Chai. Although many stocks are trading near their respective multi-year lows, the sector is suffering from various industry wide trends and entering a period of lower sustained growth after a...

Shares of O'Reilly Automotive Inc (NASDAQ: ORLY) lost around 20 percent after reporting poor performance in its second-quarter comp sales report. The company blamed the lackluster numbers as partly due to weather, but analysts at Wedbush see additional factors at play. A full quarterly print is...

Wednesday was a brutal day for auto part stocks after O'Reilly Automotive Inc (NASDAQ: ORLY) reported not only poor sales metrics for its second quarter but concerning commentary, including a "more challenging sales environment" than expected. So, why is that the entire stock market...

Auto parts stocks were notable decliners on Wednesday after O'Reilly Automotive Inc (NASDAQ: ORLY) reported a second-quarter comp sales results, which included a disappointing comp sales and a cautious outlook. Comparable-store sales rose just 1.7 percent, notably short of the company's own...

Oppenheimer hosted its 17th Annual Oppenheimer Consumer Conference in Boston this week and welcomed AutoZone, Inc. (NYSE: AZO)'s management team, including its executive vice president and chief financial officer, Bill Giles. Following a chat with management, Oppenheimer's Brian Nagel maintains an...

Analysts at Bank of America Merrill Lynch hosted 16 semiconductor companies as part of its Global Tech Conference in San Francisco on June 6 and 7. Key Takeaways Bank of America's Vivek Arya noted three main takeaways from the event. Demand across the auto, industrial, gaming, mobile and data...

With the economy faring relatively well amid resurgence in consumer confidence and in turn spending, the milieu is relatively favorable for auto and auto-related stocks. Added to the positive macroeconomic backdrop, automakers have been very lavish in splurging incentives to lure customers....

U.S. auto sales have cooled down this year and are higher by only 1.8 percent year-to-date as consumers are focusing on leases. As such, analysts at Bank of America are now concluding that the auto industry is "entering the top of the eighth inning." The analysts, led by John Murphy, are now...

David Leiker, Baird's auto sector analyst, commented in a note on Wednesday that auto stocks are moving through the fifth in-cycle correction in 30-plus years. He added that if history is any indication, there may be another 10 percent downside, as past corrections typically saw a 27 percent...

In a report published Tuesday, RBC Capital Markets analyst Joseph Spak previewed the U.S. Auto and Auto Parts sector ahead of earning season, noting that first quarter results should be "fine" but the larger focus will be on the outlook. According to Spak, foreign exchange translation...