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NAV

Navistar

, PSIX

Power Solutions

$10.49

0.03 (0.29%)

09:31
10/19/16
10/19
09:31
10/19/16
09:31

Navistar extends engine supply agreement with Power Solutions through 2021

Power Solutions (PSIX) announced that Navistar (NAV) has extended its engine supply agreement with PSI to run through 2021. The agreement, originally set to run through 2018, covers PSI's supply of 8.8-liter propane and gasoline engines for Navistar's subsidiary, IC Bus.

NAV

Navistar

PSIX

Power Solutions

$10.49

0.03 (0.29%)

  • 31

    Oct

NAV Navistar

09/07/16
RBCM
09/07/16
NO CHANGE
RBCM
Navistar deal undermines bear thesis, says RBC Capital
After Navistar (NAV) announced a strategic alliance with Volkwagen (VLKAY) and Volkwagen's purchase of a 16.6% stake in Navistar, RBc Capital analyst Seth Webber says that the deal "goes a long way toward deflating a bear thesis around (Naistar's) slow HD share" gain and its "financial position/liquidity." .Webber says he plans to adjust his model following Navistar's Q3 results on September 8. For now, he keeps a Sector Perform rating on the shares.
09/07/16
09/07/16
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. Navistar (NAV) initiated with a Hold at Deutsche Bank. 2. Barrick Gold (ABX) initiated with a Sell at Berenberg while the firm initiated Randgold (GOLD), Kinross Gold (KGC), and Goldcorp (GG) with a Hold. 3. 3. After the close on Tuesday, Deutsche Bank analysts Nicole DeBlase, Saree Boroditsky, and Kevin Marek initiated the U.S. Machinery group with a "cautious view." Oshkosh (OSK), Caterpillar (CAT), and Wabtec (WAB) were initiated with Buy ratings at Deutsche Bank, while the firm initiated Cummins (CMI) and CNH Industrial (CNHI) with Sell ratings. The firm also initiated Deere (DE), AGCO (AGCO), Terex (TEX), PACCAR (PCAR), WABCO (WBC), and United Rentals (URI) with Hold ratings. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/09/16
GSCO
09/09/16
UPGRADE
Target $20
GSCO
Neutral
Navistar upgraded to Neutral from Sell at Goldman
Goldman Sachs analyst Jerry Revich upgraded Navistar International (NAV) to Neutral saying liquidity risk is "meaningfully reduced" with the capital injection from Volkswagen (VLKAY). Revich raised his price target for the shares to $20 from $2. He believes the near-term risk/reward for the stock is balanced.
09/09/16
WELS
09/09/16
NO CHANGE
WELS
Navistar 'making progress' on turnaround, says Wells Fargo
After Navistar reported weaker than expected results but reiterated its full-year guidance, Wells Fargo says that "some" of Navistar's "more severe risks appear to be fading." The firm says that Navistar's deal with Volkswagen (VLKAY) will reduce its liquidity risk, but Wells thinks that Navistar's end market continues to be "weak." The firm raised its price target range on the stock to $17-$20 from $11-$14 but keeps a Market Perform rating on the shares.
PSIX Power Solutions
$10.49

0.03 (0.29%)

01/25/16
PIPR
01/25/16
DOWNGRADE
Target $14
PIPR
Neutral
Power Solutions downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst Alexander Potter downgraded Power Solutions to Neutral saying the company's oil and gas segment is likely to face continued pressure in the coming year amid low oil prices. Potter halved his price target for the shares to $14 from $28.
01/25/16
01/25/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Eagle (AEO) downgraded to Hold from Buy at BB&T... American Express (AXP) downgraded on weak revenue outlook at Argus... Bristol-Myers (BMY) downgraded to Market Perform from Outperform at BMO Capital... Caterpillar (CAT) downgraded to Sell from Neutral at Goldman... Crestwood Equity (CEQP) downgraded to Neutral on potential distribution cut at Baird... Cummins (CMI) downgraded to Neutral from Buy at Citi... Federal Realty (FRT) downgraded to Hold from Buy at Evercore ISI... GKN PLC (GKNLY) downgraded to Neutral from Outperform at Credit Suisse... Galapagos NV (GLPG) downgraded to Neutral from Buy at GoldmanvHortonworks (HDP) downgraded to Perform from Outperform at Oppenheimer... International Flavors (IFF) downgraded on headwinds at Stifel... International Paper (IP) downgraded to Neutral from Buy at Citi... JPMorgan (JPM) downgraded to Neutral from Buy at Nomura... KapStone (KS) downgraded to Underperform from Neutral at Macquarie... Mosaic (MOS) downgraded to Neutral from Overweight at JPMorgan... NetSuite (N) downgraded to Equal Weight from Overweight at Stephens... ONEOK Partners (OKS) downgraded to Neutral at Baird... OvaScience (OVAS) downgraded to Perform from Outperform at Oppenheimer... Packaging Corp. (PKG) downgraded to Neutral from Buy at Citi... Potash (POT) downgraded to Neutral from Overweight at JPMorgan... Power Solutions (PSIX) downgraded to Neutral from Overweight at Piper Jaffray... Raymond James (RJF) downgraded to Neutral from Buy at Nomura... Regeneron (REGN) downgraded to Sell from Neutral at Chardan... SanDisk (SNDK) downgraded to Underperform from Outperform at CLSA... Toll Brothers (TOL) downgraded to Market Perform from Outperform at JMP Securities... Twitter (TWTR) downgraded to Hold from Buy at Stifel... WPX Energy (WPX) downgraded to Sector Perform from Outperform at Iberia... WestRock (WRK) downgraded to Neutral from Buy at BofA/Merrill... Whole Foods (WFM) downgraded to Underperform from Market Perform at BMO Capital... Zurich Insurance (ZURVY) downgraded to Neutral from Outperform at Exane BNP Paribas.
06/08/16
ROTH
06/08/16
NO CHANGE
Target $23
ROTH
Buy
Power Solutions price target raised to $23 from $16 at Roth Capital
Roth Capital analyst Craig Irwin raised his price target for Power Solutions (PSIX) to $23 from $16 on positive industry data points from Navistar (NAV) raising 2H16 visibility. Navistar's demand commentary regarding Industrial end markets provides a broadly bullish read for Power Solutions, the analyst tells investors in a research note. Irwin believes Power Solutions is well positioned to supply Navistar in the 8% gasoline-engine portion of the medium-duty market, which it sees as a long-term opportunity. Roth Capital has a Buy rating on Power Solutions' shares.
08/16/16
LSCM
08/16/16
DOWNGRADE
LSCM
Hold
Power Solutions downgraded to Hold from Buy at Lake Street
Lake Street analyst Robert Brown downgraded Power Solutions to Hold citing uncertainty due to questions surrounding revenue recognition which has resulted in a Q2 reporting delay. The analyst has a $16 price target for the shares.

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, WFM

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VIX

Volatility Index S&P 500 Options

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CRM

Salesforce

$86.00

-2.09 (-2.37%)

11:55
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Salesforce put volume heavy and directionally bearish »

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11:55
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General news
Treasury Action: the long end of the curve remains weaker »

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NFX

Newfield Exploration

$28.45

0.89 (3.23%)

11:45
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Options
Newfield Exploration call volume above normal and directionally bullish »

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  • 02

    Aug

XLK

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$54.81

-0.96 (-1.72%)

, XLF

Financial Select Sector

$24.79

0.27 (1.10%)

11:38
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11:38
Technical Analysis
Technical View: S&P 500 breaks 2420, bounces fractionally »

The S&P 500 (SPX)…

XLK

Technology Select Sector SPDR

$54.81

-0.96 (-1.72%)

XLF

Financial Select Sector

$24.79

0.27 (1.10%)

SPY

SPDR S&P 500 ETF Trust

$241.95

-1.54 (-0.63%)

SPX

S&P 500

03/08/13
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JPM

JPMorgan

$91.56

1.7362 (1.93%)

11:30
06/29/17
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Bullish option play in JP Morgan as shares rally »

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  • 14

    Jul

  • 12

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11:25
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General news
Treasury announced a $72 B 3- and 6-month bill auction for Monday »

Treasury announced a $72…

INFO

IHS Markit

$45.05

-0.32 (-0.71%)

11:25
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Conference/Events
The National Economists Club to hold a luncheon meeting Symbol changed to INFO IHS Markit »

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  • 29

    Jun

QVCA

QVC Group

$24.61

0.1 (0.41%)

, QVCB

QVC Group

11:25
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Conference/Events
FBN Securities media analyst to hold a luncheon meeting »

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QVCA

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$24.61

0.1 (0.41%)

QVCB

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Liberty Ventures

$52.69

1.21 (2.35%)

GNCMA

General Communications

$36.81

0.97 (2.71%)

03/08/13
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  • 29

    Jun

  • 10

    Jul

ALRN

Aileron Therapeutics

11:23
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Syndicate
Breaking Syndicate news story on Aileron Therapeutics »

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  • 29

    Jun

SHLD

Sears

$8.01

0.29 (3.76%)

11:22
06/29/17
06/29
11:22
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11:22
Hot Stocks
Breaking Hot Stocks news story on Sears »

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SHLD

Sears

$8.01

0.29 (3.76%)

11:20
06/29/17
06/29
11:20
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11:20
Hot Stocks
Breaking Hot Stocks news story on Sears »

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ABBV

AbbVie

$72.91

-0.01 (-0.01%)

11:20
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SHLD

Sears

$8.01

0.29 (3.76%)

11:17
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Real estate value the 'margin of safety' in Sears investment, Berkowitz says »

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$NSD

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SHLD

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$NYE

NYSE Market Internals

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GOOGL

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11:14
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