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TSLA

Tesla

$200.95

4.34 (2.21%)

18:51
10/10/16
10/10
18:51
10/10/16
18:51

German agency calls Tesla Autopilot 'considerable traffic hazard,' Reuters says

Germany's Federal Highway Research Institute prepared a preliminary, internal report criticizing Tesla's Autopilot and calling it a "considerable traffic hazard," Reuters reported Friday, citing regional publication Der Spiegel. The agency's testers highlighted that Autopilot does not sufficiently alert drivers when it gets into a hazardous situation, does not feature sufficient backward-facing sensors, and has an inadequate emergency brake, according to the report. Der Spiegel noted that the Transport Ministry, for which the report was prepared, said it was aware of the report but didn't want to take the Tesla Model S out of service. Meanwhile, the ministry told Reuters that a final evaluation had not yet been performed and more tests were being carried out. Reference Link

TSLA Tesla
$200.95

4.34 (2.21%)

10/03/16
OPCO
10/03/16
NO CHANGE
OPCO
Perform
Review process of SolarCity acquisition may be delayed, says Oppenheimer
Oppenheimer analyst Colin Rusch believes the SEC review process of Tesla's (TSLA) acquisition of SolarCity (SCTY) could be delayed due to recent activity, especially new litigation. Further, the analyst believes extension to the timeline is likely to work against the deal given the risk of ongoing "collaboration to trigger gun-jumping rules." Rusch reiterates a Perform rating on Tesla's shares.
10/06/16
GSCO
10/06/16
DOWNGRADE
GSCO
Neutral
Tesla downgraded to Neutral from Buy at Goldman
Goldman analyst David Tamberrino downgraded Tesla to Neutral and lowered his price target to $185 from $240. Tamberrino sees incremental risk to Tesla's business related to management's willingness to deploy capital for M&A, and he believes that any delay in the company's new Model 3 launch will be detrimental to shares. The analyst said there is room for downward estimate revisions as volume ramps slower and spending grows. Tamberrino's 2016 earnigns estimate of (59c) is above the Street's (93c), but estimates for 2017 through 2019 are on average 48% below consensus.
10/06/16
GSCO
10/06/16
NO CHANGE
GSCO
Autos and Autos Parts sector downgraded to Cautious from Neutral at Goldman
Goldman analyst David Tamberrino downgraded the Autos and Auto Parts sector to Cautious from Neutral saying the US Auto cycle peaked in 2015 and is being held up by increasing OEM incentives. The analyst said OEM earnings will decline in 2017/2018 as negative pricing and lower production pressure North American results, but expects suppliers' earnings to hold up longer. The analyst sees upside to Delphi (DLPH) and Harman (HAR) given exposure to secular growth areas and upside to Goodyear Tire (GT) given secular HVA tire growth. Tamberrino downgraded Lear (LEA) to Sell citing elevated expectations and valuation, cut BorgWarner (BWA) to Neutral on valuation, downgraded Tesla (TSLA) to Neutral on execution risk and capital deployment, and upgraded AutoNation (AN) to Neutral given a more defensive business.
10/06/16
10/06/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Tesla (TSLA) downgraded to Neutral from Buy at Goldman with analyst David Tamberrino saying he sees incremental risk to Tesla's business related to management's willingness to deploy capital for M&A, and he believes that any delay in the company's new Model 3 launch will be detrimental to shares. 2. JPMorgan (JPM) downgraded to Hold from Buy at Sandler O'Neill with analyst Jeffery Harte citing relative share outperformance. 3. Abercrombie & Fitch (ANF) downgraded to Sector Weight from Overweight at KeyBanc with analyst Jessica Schmidt saying the elevated promotions add to other headwinds, including the fact that the teen space is "overstored" and faces soft consumer demand and weak tourism. 4. American Express (AXP) downgraded to Reduce from Neutral at Nomura with analyst Bill Carcache saying the combination of weaker than expected revenues and higher than expected expenses will weigh on the shares. 5. Lowe's (LOW) downgraded to Neutral from Buy at Cleveland Research. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

B

Barnes Group

$55.35

2.1 (3.94%)

15:43
04/28/17
04/28
15:43
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15:43
Downgrade
Barnes Group rating change  »

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ADI

Analog Devices

$77.85

-0.13 (-0.17%)

15:36
04/28/17
04/28
15:36
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15:36
Options
Analog Devices put volume heavy and directionally bearish »

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MDXG

MiMedx

$11.40

0.3 (2.70%)

15:32
04/28/17
04/28
15:32
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15:32
Recommendations
MiMedx analyst commentary  »

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  • 28

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  • 06

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GST

Gastar Exploration

$1.31

0.01 (0.77%)

15:30
04/28/17
04/28
15:30
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15:30
Conference/Events
Gastar Exploration to host special shareholder meeting »

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  • 02

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CLVS

Clovis

$58.21

-0.43 (-0.73%)

15:26
04/28/17
04/28
15:26
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15:26
Options
Clovis call volume above normal and directionally bullish »

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  • 03

    May

$NSD

NASDAQ Market Internals

15:17
04/28/17
04/28
15:17
04/28/17
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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FIG

Fortress

$8.04

0.005 (0.06%)

, SFTBF

SoftBank

$75.60

0.71 (0.95%)

15:17
04/28/17
04/28
15:17
04/28/17
15:17
Periodicals
Fortress exploring sale of Logan Circle bond fund unit, Reuters says »

Fortress Investment Group…

FIG

Fortress

$8.04

0.005 (0.06%)

SFTBF

SoftBank

$75.60

0.71 (0.95%)

03/08/13
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$NYE

NYSE Market Internals

15:16
04/28/17
04/28
15:16
04/28/17
15:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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15:15
04/28/17
04/28
15:15
04/28/17
15:15
General news
Treasury Closing Summary: »

Treasury Closing Summary:…

CAG

Conagra Brands

$38.82

0.005 (0.01%)

15:11
04/28/17
04/28
15:11
04/28/17
15:11
Options
Downside put buyer in Conagra Foods »

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CAH

Cardinal Health

$72.36

-0.78 (-1.07%)

15:10
04/28/17
04/28
15:10
04/28/17
15:10
Initiation
Cardinal Health initiated  »

Cardinal Health initiated…

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  • 01

    May

FIG

Fortress

$8.04

0.01 (0.12%)

15:04
04/28/17
04/28
15:04
04/28/17
15:04
Periodicals
Breaking Periodicals news story on Fortress »

Fortress exploring sale…

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S

Sprint

$9.06

0.03 (0.33%)

15:01
04/28/17
04/28
15:01
04/28/17
15:01
Options
Sprint calls active ahead of earnings next week »

Sprint calls active ahead…

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  • 03

    May

GME

GameStop

$22.80

-0.3 (-1.30%)

14:56
04/28/17
04/28
14:56
04/28/17
14:56
Options
GameStop put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 25

    May

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    May

BSX

Boston Scientific

$26.43

0.25 (0.95%)

14:55
04/28/17
04/28
14:55
04/28/17
14:55
Recommendations
Boston Scientific analyst commentary  »

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  • 09

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  • 27

    Jun

TKPYY

Takeda Pharmaceutical Co. Ltd.

$23.98

0.05 (0.21%)

14:51
04/28/17
04/28
14:51
04/28/17
14:51
Hot Stocks
FDA grants accelerated approval to Takeda's brigatinib »

On April 28, 2017, the…

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PGR

Progressive

$39.76

-0.34 (-0.85%)

14:48
04/28/17
04/28
14:48
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14:48
Conference/Events
The Progressive Corporation to hold a conference call »

Management discusses the…

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CVO

Cenveo

$4.39

0.095 (2.21%)

14:48
04/28/17
04/28
14:48
04/28/17
14:48
Hot Stocks
Breaking Hot Stocks news story on Cenveo »

Nathu Ram Puri reports…

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  • 04

    May

BMY

Bristol-Myers

$56.01

0.34 (0.61%)

14:42
04/28/17
04/28
14:42
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14:42
Hot Stocks
Bristol-Myers announces European Commission approval of Opdivo »

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  • 02

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  • 03

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  • 06

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TAP

Molson Coors

$95.84

0.06 (0.06%)

14:41
04/28/17
04/28
14:41
04/28/17
14:41
Conference/Events
Molson Coors to hold an earnings follow-up conference call »

Management holds an…

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  • 03

    May

IWM

iShares Trust Russell 2000 Index Fund

$139.37

-1.58 (-1.12%)

, RUT

Russell 2000 Index

14:40
04/28/17
04/28
14:40
04/28/17
14:40
Technical Analysis
On The Fly: Weekly technical notes for Russell 2000 »

The Russell 2000 (RUT)…

IWM

iShares Trust Russell 2000 Index Fund

$139.37

-1.58 (-1.12%)

RUT

Russell 2000 Index

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TSLA

Tesla

$308.63

-1.54 (-0.50%)

14:32
04/28/17
04/28
14:32
04/28/17
14:32
Options
Tesla expiring options are busy as shares rally »

Tesla expiring options…

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  • 03

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SPY

SPDR S&P 500 ETF Trust

$237.99

-0.61 (-0.26%)

, SPX

S&P 500

$2,382.79

-5.98 (-0.25%)

14:29
04/28/17
04/28
14:29
04/28/17
14:29
Technical Analysis
On The Fly: Weekly technical notes for S&P 500 »

For the week, the S&P…

SPY

SPDR S&P 500 ETF Trust

$237.99

-0.61 (-0.26%)

SPX

S&P 500

$2,382.79

-5.98 (-0.25%)

AAPL

Apple

$143.79

0.11 (0.08%)

XLB

S&P Select Materials SPDR

$53.10

-0.42 (-0.78%)

XLK

Technology Select Sector SPDR

$54.33

0.085 (0.16%)

XLY

Consumer Discretionary Sector SPDR

$90.06

-0.365 (-0.40%)

XLI

Industrial Select Sector SPDR

$66.28

-0.375 (-0.56%)

XLV

Health Care Select Sector SPDR

$75.29

-0.01 (-0.01%)

XLF

Financial Select Sector

$23.57

-0.19 (-0.80%)

XLE

Energy Select Sector SPDR

$68.03

0.24 (0.35%)

XLP

Consumer Staples Sector SPDR

$55.10

-0.1 (-0.18%)

03/08/13
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  • 02

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  • 08

    May

CHRW

C.H. Robinson

14:26
04/28/17
04/28
14:26
04/28/17
14:26
Conference/Events
C.H. Robinson to hold analyst and investor day »

Analyst and Investor Day…

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  • 03

    May

LIVN

LivaNova

$52.40

-0.09 (-0.17%)

14:26
04/28/17
04/28
14:26
04/28/17
14:26
Hot Stocks
LivaNova to present data on Perceval valve at AATS meeting »

LivaNova announced that…

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  • 03

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