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TM

Toyota

$110.32

0.48 (0.44%)

, NSANY

Nissan

$20.17

-0.11 (-0.54%)

12:16
07/14/17
07/14
12:16
07/14/17
12:16

Toyota invested in U.K. following government Brexit reassurances, Reuters says

The U.K. government helped secure a more than $310M investment from Toyota (TM) in its English manufacturing facility with a letter reassuring the Japanese company over post-Brexit trading arrangements, Reuters reports, citing two sources. Toyota said in March that it would install its new car platform at its Burnaston facility, the report notes. The Japanese car maker delayed the decision due by the end of December while it considered a number of factors, including Brexit, the report says, citing a source familiar with the matter. The U.K.'s business ministry confirmed the existence of a letter but did not release it, the report says. The letter was similar to one sent to Nissan (NSANY) a year ago when it opted to build two new models at its northern English factory, the report says, citing the source. Reference Link

TM

Toyota

$110.32

0.48 (0.44%)

NSANY

Nissan

$20.17

-0.11 (-0.54%)

TM Toyota
$110.32

0.48 (0.44%)

06/28/17
DAIW
06/28/17
DOWNGRADE
DAIW
Neutral
Toyota downgraded to Neutral from Outperform at Daiwa
07/10/17
NEED
07/10/17
NO CHANGE
Target $200
NEED
Buy
Nvidia price target raised to $200 from $130 at Needham
Needham analyst Rajvindra Gill raised his price target for Nvidia (NVDA) to $200 on higher conviction that the company's agreement with Toyota (TM) will generate "meaningful" revenue over the next 24 months. The analyst believes the deal could generate up to $1.7B of incremental revenue. Meetings with Toyota confirm the automaker has aggressive plans to deploy Level 2 Advanced systems, which will be on Nvidia's Drive PX Xavier platform, in mass market in the U.S. and Japan over the next two-and-a-half years, Gill tells investors in a research note. He keeps a Buy rating on Nvidia. Jefferies this morning raised its price target on Nvidia to $180 from $140. The shares in premarket trading are up $2.23 to $149.00.
07/11/17
BOFA
07/11/17
DOWNGRADE
BOFA
Underperform
Toyota downgraded to Underperform from Neutral at BofA/Merrill
07/11/17
07/11/17
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. Snap (SNAP) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Brian Nowak saying he now sees its advertising revenue growth being materially slower than he previously expected given the company's struggles to innovate and improve its ad product paired with the rising competition it faces from Facebook's (FB) Instagram. 2. Lennar (LEN), PulteGroup (PHM) downgraded to Equal Weight from Overweight at Barclays, and TRI Pointe (TPH) were downgraded to Equal Weight from Overweight at Barclays, while Toll Brothers (TOL) was downgraded to Underweight from Equal Weight. 3. Gildan Activewear (GIL) downgraded to Sector Perform from Outperform at RBC Capital with the firm's analyst citing year-to-date share strength and lack of meaningful upside to estimates. 4. PetMed Express (PETS) downgraded to Hold from Buy at Craig-Hallum with analyst Kevin Ellich saying risk/reward is balanced at current levels as the shares are up over 100% in the last 3 months. 5. Toyota (TM) downgraded to Underperform from Neutral at BofA/Merrill. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
NSANY Nissan
$20.17

-0.11 (-0.54%)

08/16/16
JPMS
08/16/16
DOWNGRADE
JPMS
Neutral
Nissan downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Akira Kishimoto downgraded Nissan to Neutral on expectations model cycle deterioration in North America will have a large impact. The analyst also upgraded the Japan Auto sector to neutral from bearish.
10/05/16
UBSW
10/05/16
DOWNGRADE
UBSW
Neutral
Nissan downgraded to Neutral from Buy at UBS
01/30/17
RBCM
01/30/17
NO CHANGE
RBCM
Auto executives say Trump policies to be a 'net positive,' says RBC Capital
RBC Capital analyst Joseph Spak says that auto executives, after speaking with Trump administration officials, predict that the administration's policies will be "net positive" for auto OEMs. Spak says that "pretty much" every company with whom he spoke says that the risk from the policies will be "manageable," The analyst adds that executives who met with administration officials expect " rationality on some of the extreme measures will prevail," while measures such as a reduced corporate tax and less regulation will provide "offsets." Publicly traded companies in the space include Daimler AG (DDAIF), Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
07/05/17
JPMS
07/05/17
UPGRADE
JPMS
Overweight
Nissan upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Akira Kishimoto upgraded Nissan to Neutral after raising his stance on Japan's Automobile sector to Neutral from Bearish. He believes share prices in the space now reflect the risk of slower growth in key markets like the U.S.

TODAY'S FREE FLY STORIES

COH

Coach

$48.08

-0.07 (-0.15%)

08:52
07/21/17
07/21
08:52
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08:52
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INDB

Independent Bank

$66.35

-0.35 (-0.52%)

08:52
07/21/17
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08:52
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  • 21

    Jul

AKBA

Akebia

, MACK

Merrimack

$1.30

0.02 (1.56%)

08:51
07/21/17
07/21
08:51
07/21/17
08:51
Periodicals
Former Akebia employee faces losing bail in insider trading case, Reuters says »

Schultz Chan, former…

AKBA

Akebia

MACK

Merrimack

$1.30

0.02 (1.56%)

03/08/13
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AMC

AMC Entertainment

$20.60

0.75 (3.78%)

08:51
07/21/17
07/21
08:51
07/21/17
08:51
Initiation
AMC Entertainment initiated  »

AMC Entertainment…

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  • 07

    Aug

  • 05

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SIX

Six Flags

$56.28

-1.01 (-1.76%)

08:50
07/21/17
07/21
08:50
07/21/17
08:50
Initiation
Six Flags initiated  »

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  • 26

    Jul

LYV

Live Nation

$36.38

-0.01 (-0.03%)

08:50
07/21/17
07/21
08:50
07/21/17
08:50
Initiation
Live Nation initiated  »

Live Nation initiated…

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UNP

Union Pacific

$106.14

-1.7 (-1.58%)

08:50
07/21/17
07/21
08:50
07/21/17
08:50
Recommendations
Union Pacific analyst commentary  »

Market ignorning…

03/08/13
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  • 21

    Aug

MTN

Vail Resorts

$206.11

0.09 (0.04%)

08:50
07/21/17
07/21
08:50
07/21/17
08:50
Initiation
Vail Resorts initiated  »

Vail Resorts initiated…

03/08/13
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GE

General Electric

$26.69

-0.25 (-0.93%)

08:49
07/21/17
07/21
08:49
07/21/17
08:49
Hot Stocks
Breaking Hot Stocks news story on General Electric »

General Electric down 3%…

03/08/13
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03/06/13
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  • 21

    Jul

  • 02

    Oct

GPC

Genuine Parts

$81.69

-1.27 (-1.53%)

08:47
07/21/17
07/21
08:47
07/21/17
08:47
Upgrade
Genuine Parts rating change  »

Genuine Parts upgraded to…

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SLB

Schlumberger

$67.02

-0.42 (-0.62%)

08:46
07/21/17
07/21
08:46
07/21/17
08:46
Hot Stocks
Schlumberger says expects to double SPM revenue over next two years »

Says has invested $4.3B…

03/08/13
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  • 21

    Jul

GE

General Electric

$26.69

-0.25 (-0.93%)

08:45
07/21/17
07/21
08:45
07/21/17
08:45
Hot Stocks
General Electric CFO says 'trending to bottom end' of $1.60-$1.70 FY17 EPS view »

GE CFO Jeff Bornstein…

03/08/13
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03/06/13
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  • 21

    Jul

  • 02

    Oct

ITW

Illinois Tool Works

$147.12

-0.56 (-0.38%)

08:45
07/21/17
07/21
08:45
07/21/17
08:45
Technical Analysis
Technical Earnings Preview: Illinois Tool Works in uptrend ahead of news »

The shares have been in a…

03/08/13
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03/06/13
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03/06/13
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  • 24

    Jul

XRT

S&P Retail Index SPDR

$40.59

0.09 (0.22%)

, PAA

Plains All American

$26.47

-0.16 (-0.60%)

08:45
07/21/17
07/21
08:45
07/21/17
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

XRT

S&P Retail Index SPDR

$40.59

0.09 (0.22%)

PAA

Plains All American

$26.47

-0.16 (-0.60%)

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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  • 08

    Aug

  • 08

    Nov

SLB

Schlumberger

$67.02

-0.42 (-0.62%)

08:41
07/21/17
07/21
08:41
07/21/17
08:41
Hot Stocks
Schlumberger says all U.S. product lines profitable in Q2 »

Says expect high demand…

03/08/13
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  • 21

    Jul

HIMX

Himax

$8.86

0.34 (3.99%)

08:41
07/21/17
07/21
08:41
07/21/17
08:41
Downgrade
Himax rating change  »

Himax downgraded to Sell…

03/08/13
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  • 03

    Aug

  • 05

    Sep

SLM

Sallie Mae

$10.98

-0.83 (-7.03%)

08:41
07/21/17
07/21
08:41
07/21/17
08:41
Recommendations
Sallie Mae analyst commentary  »

Sallie Mae shares should…

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SLB

Schlumberger

$67.02

-0.42 (-0.62%)

08:38
07/21/17
07/21
08:38
07/21/17
08:38
Hot Stocks
Schlumberger says 'confident' in delivering free cash flow target for 2017 »

Comments from Q2 earnings…

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  • 21

    Jul

EXPI

eXp World Holdings

$2.95

-0.04 (-1.34%)

08:36
07/21/17
07/21
08:36
07/21/17
08:36
Initiation
eXp World Holdings initiated  »

eXp World Holdings…

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CXDC

China XD Plastics

$4.70

-0.025 (-0.53%)

08:35
07/21/17
07/21
08:35
07/21/17
08:35
Hot Stocks
China XD Plastics signs investment agreements for $614M in Harbin, China »

China XD Plastics…

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AAAP

Advanced Accelerator

$41.13

0.56 (1.38%)

08:35
07/21/17
07/21
08:35
07/21/17
08:35
Hot Stocks
Advanced Accelerator: CHMP opinion recommending approval of 177Lu oxodotreotide »

Advanced Accelerator…

03/08/13
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03/06/13
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FNB

F.N.B.

$13.59

-0.56 (-3.96%)

, YDKN

Acquired by FNB

08:35
07/21/17
07/21
08:35
07/21/17
08:35
Recommendations
F.N.B., Acquired by FNB analyst commentary  »

F.N.B. weakness overdone,…

FNB

F.N.B.

$13.59

-0.56 (-3.96%)

YDKN

Acquired by FNB

03/08/13
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OFG

OFG Bancorp

$9.85

-0.1 (-1.01%)

08:34
07/21/17
07/21
08:34
07/21/17
08:34
Earnings
OFG Bancorp reports Q2 EPS 30c, consensus 27c »

OFG Bancorp reports Q2…

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  • 21

    Jul

ENDP

Endo

$12.32

0.24 (1.99%)

08:32
07/21/17
07/21
08:32
07/21/17
08:32
Hot Stocks
Endo closing Huntsville manufacturing and distribution facilities »

Endo will be ceasing…

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  • 08

    Aug

ADS

Alliance Data

$238.62

-24.91 (-9.45%)

08:30
07/21/17
07/21
08:30
07/21/17
08:30
Recommendations
Alliance Data analyst commentary  »

Alliance Data weakness…

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03/08/13
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  • 24

    Jul

  • 05

    Sep

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