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DDAIF

Daimler AG

$71.10

0.95 (1.35%)

08:25
04/21/17
04/21
08:25
04/21/17
08:25

Daimler AG named top pick among European auto makers at Bernstein

After Daimler preannounced higher than expected profit, Bernstein analyst Max Warburton says that most of the end markets of European auto makers look set to grow going forward. The analyst thinks that the heavy truck market could resume growing, and he believes that Daimler could benefit from this trend. The analyst raised his estimates on Daimler and identifies it as his top pick among European auto makers. He keeps an Outperform rating on the shares.

DDAIF Daimler AG
$71.10

0.95 (1.35%)

04/18/17
04/18/17
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. Cooper Tire (CTB) downgraded to Neutral from Buy at Northcoast with analyst Nick Mitchell citing the recent strength in shares and increased channel inventory for the change. 2. American Eagle (AEO) and Tilly's (TLYS) were downgraded to Neutral from Buy at B. Riley with analyst Jeff Van Sinderen saying the peak Spring in fashion apparel is underwhelming. The analyst cut his price target for the shares to $15 from $18. 3. Cummins (CMI) and PACCAR (PCAR) were downgraded to Neutral from Overweight at Piper Jaffray. 4. DISH (DISH) downgraded to Neutral from Outperform at Macquarie with analyst Amy Yong saying even in the event of an M&A deal, she believes upside could be capped due to balanced carrier spectrum supply/demand, reducing the premium on DISH's spectrum portfolio, spectrum buildout requirements which begin in 2020 could prolong the urgency to unlock spectrum, and a DISH-carrier combination would likely generate regulatory uncertainty. Yong also believes DISH's 13.7M subs may feel continued pressure from secular TV trends while OTT competition is high, and other carriers are gearing up for 5G, leveraging fiber and densfication, resulting in little spend in the 600MHz auction. 5. Daimler AG (DDAIF) downgraded to Underperform from Hold at Jefferies. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/18/17
JEFF
04/18/17
DOWNGRADE
JEFF
Underperform
Daimler AG downgraded to Underperform from Hold at Jefferies
Jefferies analyst Philippe Jean Houchois downgraded Daimler AG to Underperform and lowered his price target for the shares to EUR 56 from EUR 68.
03/30/17
JPMS
03/30/17
NO CHANGE
JPMS
Underweight
JPMorgan views feedback in Europe as negative for Tesla
JPMorgan analyst Ryan Brinkman says the commentary he heard during his firm's three day Europe Autos Tour can be construed negatively for Tesla (TSLA). Daimler (DDAIF) discussed fielding 10 new electric vehicles through 2025 while the Director of Mercedes-Benz Cars Product Strategy & Planning stated that he spends up to 70% of his time on electric vehicles, Brinkman told investors in a research note earlier today. On top of increased competition for Tesla, the commentary indicated that new electric vehicle margins will not be as positive as the automakers' internal combustion engine vehicles, the analyst adds. Brinkman continues to believe that governments around the world are creating "buyer's markets" in electric vehicles, with "automakers incentivized to market electric vehicles at price points not designed to turn a profit in and of themselves." The analyst maintained an Underweight rating on Tesla shares. The electric carmaker is up 1% to $280.20 in morning trading.
03/08/17
MSCO
03/08/17
NO CHANGE
Target $305
MSCO
Overweight
Morgan Stanley questions if Tesla might seek partner help to meet capital needs
Morgan Stanley Adam Jonas noted that Tesla (TSLA) has historically brought in strategic partners at important points in its history to participate in its capital formation - pointing to its prior deals with Daimler (DDAIF), Panasonic (PCRFY) and Toyota (TM) - and he wonders if Tesla, which is targeting higher spending for its launch of the Model 3, may now see another opportunity to explore getting help from new or existing partners to meet its capital needs. However, Jonas noted that he is "not aware of any possible initiatives in this respect." The analyst, who ascribes a valuation of $233 per share to the core automotive business, "zero valuation" for Energy generation and storage and sees upside from the value he ascribes to its Tesla Mobility segment, reiterates an Overweight rating and $305 price target on Tesla shares.

TODAY'S FREE FLY STORIES

EGO

Eldorado Gold

$2.72

-0.1 (-3.55%)

13:37
06/28/17
06/28
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13:37
Downgrade
Eldorado Gold rating change  »

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GOOS

Canada Goose

$20.60

-0.49 (-2.32%)

13:30
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13:30
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Canada Goose rating change  »

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13:25
06/28/17
06/28
13:25
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13:25
Conference/Events
JPMorgan life sciences analyst holds an analyst/industry conference call »

Life Science Tools &…

MU

Micron

$31.66

-0.84 (-2.58%)

13:24
06/28/17
06/28
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13:24
Hot Stocks
Nanya Technology lowers Micron stake to 4.17% with recent sale of 11.6M shares »

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BPY

Brookfield Property

$24.08

0.34 (1.43%)

13:22
06/28/17
06/28
13:22
06/28/17
13:22
Conference/Events
Brookfield Property management to meet with RBC Capital »

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13:20
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13:20
General news
Treasury's $28 B 7-year auction results fell to the soft side »

Treasury's $28 B…

BPOP

Popular

$39.33

0.16 (0.41%)

13:19
06/28/17
06/28
13:19
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13:19
Conference/Events
Popular management to meet with RBC Capital »

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$NSD

NASDAQ Market Internals

13:17
06/28/17
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13:17
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13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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MEOH

Methanex

$42.30

0.4 (0.95%)

13:16
06/28/17
06/28
13:16
06/28/17
13:16
Conference/Events
Methanex management to meet with RBC Capital »

Meeting to be held in…

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    Jun

$NYE

NYSE Market Internals

13:16
06/28/17
06/28
13:16
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13:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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13:15
06/28/17
06/28
13:15
06/28/17
13:15
General news
Treasury Action: intermediate yields ticked higher »

Treasury Action:…

CS

Credit Suisse

$14.45

0.2 (1.40%)

13:14
06/28/17
06/28
13:14
06/28/17
13:14
Syndicate
Breaking Syndicate news story on Credit Suisse »

Credit Suisse files $85B…

03/08/13
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03/06/13
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IMGN

ImmunoGen

$6.54

-0.28 (-4.11%)

13:12
06/28/17
06/28
13:12
06/28/17
13:12
Conference/Events
ImmunoGen management to meet with RBC Capital »

Meeting to be held in…

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03/08/13
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03/06/13
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    Jun

VZ

Verizon

$44.85

0.005 (0.01%)

, GOOG

Alphabet

$927.33

-24.94 (-2.62%)

13:09
06/28/17
06/28
13:09
06/28/17
13:09
Periodicals
Verizon explores pooling consumer data with other wireless firms, BI says »

After closing its…

VZ

Verizon

$44.85

0.005 (0.01%)

GOOG

Alphabet

$927.33

-24.94 (-2.62%)

GOOGL

Alphabet Class A

$948.09

-24 (-2.47%)

FB

Facebook

$150.58

-3.01 (-1.96%)

TMUS

T-Mobile

$61.01

-2.14 (-3.39%)

S

Sprint

$8.14

-0.04 (-0.49%)

VOD

Vodafone

$28.65

-0.145 (-0.50%)

TEF

Telefonica

$10.53

-0.1 (-0.94%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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MIC

Macquarie Infrastructure

$79.18

0.8299 (1.06%)

13:09
06/28/17
06/28
13:09
06/28/17
13:09
Conference/Events
Macquarie Infrastructure management to meet with RBC Capital »

Meeting to be held in the…

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13:05
06/28/17
06/28
13:05
06/28/17
13:05
General news
7-Yr Note Auction Coupon Rate data reported »

7-Yr Note Auction Coupon…

13:05
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13:05
General news
7-Yr Note Auction Total Amount data reported »

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13:05
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General news
Treasury Option Action: bullish 10-year positioning »

Treasury Option Action:…

MTCH

Match Group

$17.50

-0.295 (-1.66%)

13:04
06/28/17
06/28
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13:04
Hot Stocks
Tinder introduces Tinder Gold premium service »

Match Group's Tinder…

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RAD

Rite Aid

$4.04

0.2989 (7.99%)

, WBA

Walgreens Boots Alliance

$77.26

-0.27 (-0.35%)

13:02
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06/28
13:02
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13:02
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

RAD

Rite Aid

$4.04

0.2989 (7.99%)

WBA

Walgreens Boots Alliance

$77.26

-0.27 (-0.35%)

MKC

McCormick

$98.40

-0.135 (-0.14%)

LNN

Lindsay

$87.92

1.32 (1.52%)

GBX

Greenbrier

$50.15

0.7 (1.42%)

CAG

Conagra Brands

$37.53

0.525 (1.42%)

STZ

Constellation Brands

$183.93

1.65 (0.91%)

AYI

Acuity Brands

$180.03

4.695 (2.68%)

03/08/13
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GOOG

Alphabet

$927.33

-24.94 (-2.62%)

, GOOGL

Alphabet Class A

$948.09

-24 (-2.47%)

13:02
06/28/17
06/28
13:02
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13:02
Periodicals
Alphabet sought to sell Nest last year, Reuters reports »

At a certain point in…

GOOG

Alphabet

$927.33

-24.94 (-2.62%)

GOOGL

Alphabet Class A

$948.09

-24 (-2.47%)

03/08/13
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  • 28

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PIR

Pier 1 Imports

$5.42

0.0799 (1.50%)

, SHLM

A. Schulman

$27.50

-1.05 (-3.68%)

13:02
06/28/17
06/28
13:02
06/28/17
13:02
Earnings
Notable companies reporting after market close »

Notable companies…

PIR

Pier 1 Imports

$5.42

0.0799 (1.50%)

SHLM

A. Schulman

$27.50

-1.05 (-3.68%)

PRGS

Progress Software

$30.08

-0.16 (-0.53%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 28

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AMZN

Amazon.com

$976.78

-17.2 (-1.73%)

, GOOG

Alphabet

$927.33

-24.94 (-2.62%)

13:00
06/28/17
06/28
13:00
06/28/17
13:00
Hot Stocks
Best Buy to launch Amazon Alexa, Google Home 'experiences' in 700 stores »

Best Buy (BBY) announced…

AMZN

Amazon.com

$976.78

-17.2 (-1.73%)

GOOG

Alphabet

$927.33

-24.94 (-2.62%)

GOOGL

Alphabet Class A

$948.09

-24 (-2.47%)

BBY

Best Buy

$56.96

0.78 (1.39%)

03/08/13
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03/08/13
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03/06/13
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  • 28

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CPN

Calpine

$13.83

0.07 (0.51%)

13:00
06/28/17
06/28
13:00
06/28/17
13:00
Options
Notable put buying in Calpine »

Notable put buying in…

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P

Pandora

$8.95

0.455 (5.36%)

, AAPL

Apple

$143.73

-2.09 (-1.43%)

12:58
06/28/17
06/28
12:58
06/28/17
12:58
Periodicals
Pandora CEO: Company can withstand Spotify, Apple Music competition, HR says »

Pandora (P) interim CEO…

P

Pandora

$8.95

0.455 (5.36%)

AAPL

Apple

$143.73

-2.09 (-1.43%)

SIRI

SiriusXM

$5.26

-0.04 (-0.75%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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