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What RBC Analysts Are Watching In The Auto Space Ahead Of Earnings
Wednesday, April 8, 2015 - 12:58pm | 504Read More...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...
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RBC Capital Markets Reiterates Sector Perform, Raises PT On General Motors On Improved Cash Return, Disclosure
Tuesday, March 10, 2015 - 10:05am | 165Read More...In a report published Tuesday, RBC Capital Markets analyst Joseph Spak reiterated a Sector Perform rating on General Motors Company (NYSE: GM), and raised the price target from $39.00 to $41.00. In the report, RBC Capital Markets noted, "GM announced a $5bn buyback, which while shy of the $8bn the...
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RBC Capital Downgrades Ford on its North American Margin Risk
Thursday, July 25, 2013 - 2:35pm | 121Read More...Despite its earnings beat on Wednesday, RBC Capital analyst Joseph Spak downgraded Ford (NYSE: F) from Outperform to Market Perform and dropped the price target on the company from $19 to $18. The downgrade was primarily predicated on a projected 50bps contraction of margins for North America in...
