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ALSN

Allison Transmission

$42.27

-1.03 (-2.38%)

, TSLA

Tesla

$315.40

12.41 (4.10%)

08:14
11/14/17
11/14
08:14
11/14/17
08:14

BofA/Merrill would buy Allison Transmission on any Tesla related weakness

Elon Musk tweeted that the Tesla (TSLA) semi-truck will be revealed Thursday evening via webcast. BofA/Merrill analyst Ross Gilardi said Tesla's etruck prototype has been "hotly" anticipated but notes most OEM incumbents and suppliers have come out with their own strategies and product announcements. He expects most of the hype to subside once the official announcement is out of the way and believes if ongoing Model 3 production problems are any indicator, etruck adoption may be slower than anticipated. Gilardi's favorite name remains Allison Transmission where it has numerous opportunities in the etruck space and recommends buying shares on any weakness related to the Tesla announcement. The analyst rates Allison a Buy with a $52 price target on shares.

ALSN

Allison Transmission

$42.27

-1.03 (-2.38%)

TSLA

Tesla

$315.40

12.41 (4.10%)

  • 15

    Nov

ALSN Allison Transmission
$42.27

-1.03 (-2.38%)

09/06/17
BARD
09/06/17
NO CHANGE
Target $51
BARD
Outperform
Allison Transmission elevated to Top idea at Baird
Baird analyst David Leiker said Allison Transmission's current valuation is too compelling to ignore and he elevated it to a Top Idea. The analyst believes the perceived risks from electrification of vehicles is unlikely to play out, citing cost premiums, extended payback periods, performance demands, and typically long-term adoption cycles for new technologies. Leiker reiterated his Outperform rating and $51 price target on Allison Transmission shares.
10/12/17
LBOW
10/12/17
DOWNGRADE
LBOW
Neutral
Allison Transmission downgraded to Neutral following dealer checks at Longbow
Longbow analyst Faheem Sabeiha downgraded Allison Transmission to Neutral from Buy following a recent truck dealer survey that suggests initial 2018 sales growth is below current industry forecasts, partly due to driver shortage concerns. Contacts expect 2018 Class 8 sales increase of 10% versus FTR Associate's build forecast of up 21%, the analyst wrote in a note to investors. The analyst believes consensus estimates reflect Class 8 industry builds at the high-end of the typical replacement range and said shares have had a solid run recently.
11/01/17
DBAB
11/01/17
NO CHANGE
Target $37
DBAB
Sell
Deutsche Bank keeps Sell rating on Allison Transmission
Deutsche Bank analyst Nicole DeBlase says that even after management explained their view of the electric commercial vehicle landscape, she's still left with more questions than answers. The analyst continues to believe Allison will not be a major player in the electric truck market, but she acknowledges that it will likely take years for the debate to play out. DeBlase raised her price target for the shares to $37 from $33 to reflect the stronger than expected Q3 results but maintains a Sell rating on Allison. The bulk of the company's 30% adjusted EBITDA beat can be attributed to O&G upside, the analyst tells investors in a research note titled "O&G Running Out of Steam."
11/02/17
JPMS
11/02/17
NO CHANGE
JPMS
Class 8 truck orders seen up 160% year-over-year in October, says JPMorgan
ACT Research reported Class 8 truck net new orders of 36,200 units in October, up 160% from last year and up 60% sequentially, noted JPMorgan analyst Ann Duignan. U.S. indicators for truck purchases have trended more positively, noted the analyst, who sees the data as having an incremental impact on Navistar (NAV), Paccar (PCAR), Cummins (CMI), Allison Transmission (ALSN) and Eaton (ETN).
TSLA Tesla
$315.40

12.41 (4.10%)

11/08/17
BERN
11/08/17
NO CHANGE
Target $265
BERN
Market Perform
Tesla situation in China could be better than thought, says Bernstein
After hosting a "fireside chat" with Tesla's VP of investor relations, Bernstein analyst Toni Sacconaghi, Jr. said he came away with the impression that Tesla believes it may be able to produce cars in China to be sold in the country's domestic market without having to face import tariffs. The analyst, who also noted that Tesla's battery costs may be falling faster than expected, keeps a Market Perform rating and $265 price target on Tesla shares.
11/09/17
NOMU
11/09/17
NO CHANGE
Target $500
NOMU
Buy
Nomura sees Tesla selling all it can produce after Model 3 sedan spin
In a research note titled "Better Than Advertised," Nomura Instinet Romit Shah says he left test driving Tesla's (TSLA) Model 3 sedan feeling the automaker will be selling as many cars as it can produce for a long time. Taking the sedan for a spin reinforced the analyst's view that Tesla's addressable market opportunity is "perhaps much larger" than the BMW 3-series, Mercedes C class and Audi A4. There is a "real passion" for the brand, which is "bigger than loyalty because much of the enthusiasm comes from people who have never owned a Tesla," Shah tells investors in a research note. The only comparable product the analyst sees is Apple's (AAPL) iPhone. Apple succeeded because the world shifted from computers to smartphones and Apple had the best product, the analyst writes. Similarly, he believes there is a secular shift today from internal combustion engines to electric vehicles and that Tesla has the best product. If Tesla can overcome its operational challenges, it will see "unprecedented revenue growth and strong cash flows," Shah concludes. He has a Buy rating on Tesla with a $500 price target. The automaker closed yesterday down $1.66 to $304.39.
11/13/17
BARD
11/13/17
NO CHANGE
Target $411
BARD
Outperform
Tesla weakness a buying opportunity, says Baird
Baird hosted its Industrial conference and analyst Ben Kallo came away incrementally more positive on Tesla's ability to ramp Model 3 production to 5K vehicles a week without the need to raise capital. Kallo said Tesla remains one of his best ideas and reiterated his Outperform rating and $411 price target on the shares.
11/13/17
BERN
11/13/17
NO CHANGE
Target $265
BERN
Market Perform
Tesla to announce semi-truck with 300-450 miles of range, says Bernstein
Bernstein analyst A.M. Sacconaghi, Jr. notes that Tesla is scheduled to unveil its electric semi-truck on November 16 at a debut event in Hawthorne, California. The analyst believes Tesla will announce a Class 8 semi-truck with 300-450 miles of range, and will target availability in mid-2019. He sees the Tesla Semi's range as a significant constraint, given that long-haul trucks drive up to 500-600 miles per day, and believes the addressable market for the initial truck might less than half of the total semi-truck market. Sacconaghi, Jr. reiterates a Market Perform rating and $265 price target on the shares.

TODAY'S FREE FLY STORIES

BOLD

Audentes Therapeutics

$33.74

0.7 (2.12%)

20:43
08/20/18
08/20
20:43
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20:43
Initiation
Audentes Therapeutics initiated  »

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  • 12

    Sep

VNOM

Viper Energy

$38.06

-0.29 (-0.76%)

20:42
08/20/18
08/20
20:42
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20:42
Upgrade
Viper Energy rating change  »

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03/08/13
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SCPH

scPharmaceuticals

$4.94

-0.43 (-8.01%)

20:25
08/20/18
08/20
20:25
08/20/18
20:25
Recommendations
scPharmaceuticals analyst commentary  »

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  • 24

    Sep

MDT

Medtronic

$90.06

-0.54 (-0.60%)

, TJX

TJX

$101.68

1.33 (1.33%)

20:25
08/20/18
08/20
20:25
08/20/18
20:25
Earnings
Notable companies reporting before tomorrow's open »

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MDT

Medtronic

$90.06

-0.54 (-0.60%)

TJX

TJX

$101.68

1.33 (1.33%)

SJM

J.M. Smucker

$115.92

1.35 (1.18%)

KSS

Kohl's

$78.86

2.43 (3.18%)

COTY

Coty

$12.41

0.19 (1.55%)

TOL

Toll Brothers

$34.72

0.33 (0.96%)

PINC

Premier

$38.35

-0.03 (-0.08%)

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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  • 21

    Aug

  • 21

    Aug

  • 21

    Aug

  • 21

    Aug

  • 21

    Aug

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    Aug

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    Aug

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    Aug

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    Sep

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    Sep

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    Sep

BHP

BHP Billiton

$48.30

0.38 (0.79%)

19:33
08/20/18
08/20
19:33
08/20/18
19:33
Hot Stocks
Breaking Hot Stocks news story on BHP Billiton »

BHP CEO says looking to…

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TGE

Tallgrass Energy

$26.23

0.63 (2.46%)

19:23
08/20/18
08/20
19:23
08/20/18
19:23
Recommendations
Tallgrass Energy analyst commentary at MUFG »

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TLRY

Tilray

$35.91

5.2 (16.93%)

19:18
08/20/18
08/20
19:18
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19:18
Hot Stocks
Tilray Canada reaches pact with OCRC to supply cannabis brands, products »

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  • 28

    Aug

LFL

LATAM Airlines

$0.00

(0.00%)

19:10
08/20/18
08/20
19:10
08/20/18
19:10
Earnings
LATAM Airlines reports Q2 operating income $6.5M vs. $48.2M last year »

Reports Q2 revenue $2.36B…

03/08/13
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MNOV

MediciNova

$8.99

-0.11 (-1.21%)

19:08
08/20/18
08/20
19:08
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19:08
Hot Stocks
MediciNova says NIH awards research griant to UCLA for MN-166 trial »

MediciNova announced that…

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HTZ

Hertz

$21.05

0.155 (0.74%)

, FN

Fabrinet

$44.00

0.365 (0.84%)

18:45
08/20/18
08/20
18:45
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18:45
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS:…

HTZ

Hertz

$21.05

0.155 (0.74%)

FN

Fabrinet

$44.00

0.365 (0.84%)

WDAY

Workday

$143.17

0.52 (0.36%)

SITO

Sito Mobile

$1.99

0.05 (2.58%)

NDSN

Nordson

$134.67

-0.12 (-0.09%)

APPN

Appian

$36.23

(0.00%)

CREE

Cree

$46.42

0.99 (2.18%)

MELI

MercadoLibre

$319.70

-4.3 (-1.33%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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  • 20

    Aug

  • 20

    Aug

  • 21

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  • 21

    Aug

  • 22

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  • 04

    Sep

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    Sep

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    Sep

  • 07

    Sep

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    Sep

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    Sep

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    Sep

  • 21

    Aug

IBKR

Interactive Brokers

$61.99

0.76 (1.24%)

18:43
08/20/18
08/20
18:43
08/20/18
18:43
Hot Stocks
FINRA fines Interactive Brokers $5.5M for regulation SHO violations »

FINRA announced that it…

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MSFT

Microsoft

$106.87

-0.71 (-0.66%)

18:29
08/20/18
08/20
18:29
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18:29
Hot Stocks
LinkedIn to let economics researchers mine its data »

Microsoft's LinkedIn…

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  • 04

    Sep

  • 12

    Sep

GSB

GlobalSCAPE

$3.46

(0.00%)

18:27
08/20/18
08/20
18:27
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18:27
Hot Stocks
GlobalSCAPE to launch $15M modified Dutch auction tender offer »

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  • 10

    Oct

BHP

BHP Billiton

$48.30

0.38 (0.79%)

18:24
08/20/18
08/20
18:24
08/20/18
18:24
Earnings
BHP reports FY18 underlying profit $9.6B, consensus $9.2B according to Bloomberg »

BHP reports copper…

03/08/13
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LII

Lennox

$225.37

2.76 (1.24%)

18:19
08/20/18
08/20
18:19
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18:19
Earnings
Lennox cuts FY18 adjusted EPS view to $8.90-$9.30 from $9.95-$10.35 »

FY18 consensus $10.25.…

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GDI

Gardner Denver

$28.29

0.36 (1.29%)

18:10
08/20/18
08/20
18:10
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18:10
Initiation
Gardner Denver initiated at Morgan Stanley »

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MMM

3M

$204.57

-0.24 (-0.12%)

18:09
08/20/18
08/20
18:09
08/20/18
18:09
Initiation
3M initiated at Morgan Stanley »

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03/08/13
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ETN

Eaton

$81.33

0.35 (0.43%)

18:05
08/20/18
08/20
18:05
08/20/18
18:05
Initiation
Eaton initiated at Morgan Stanley »

Eaton initiated with an…

03/08/13
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FLS

Flowserve

$51.51

0.16 (0.31%)

18:01
08/20/18
08/20
18:01
08/20/18
18:01
Initiation
Flowserve initiated at Morgan Stanley »

Flowserve initiated with…

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ITW

Illinois Tool Works

$138.37

-1.05 (-0.75%)

17:59
08/20/18
08/20
17:59
08/20/18
17:59
Initiation
Illinois Tool Works initiated at Morgan Stanley »

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CFX

Colfax

$33.28

0.62 (1.90%)

17:56
08/20/18
08/20
17:56
08/20/18
17:56
Initiation
Colfax initiated at Morgan Stanley »

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ALLE

Allegion

$86.97

0.26 (0.30%)

17:54
08/20/18
08/20
17:54
08/20/18
17:54
Initiation
Allegion initiated at Morgan Stanley »

Allegion initiated with…

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CGNX

Cognex

$52.42

0.02 (0.04%)

17:53
08/20/18
08/20
17:53
08/20/18
17:53
Initiation
Cognex initiated at Morgan Stanley »

Cognex initiated with an…

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UTX

United Technologies

$135.14

0.73 (0.54%)

17:47
08/20/18
08/20
17:47
08/20/18
17:47
Periodicals
United Technologies buys analytics firm Predikto, Dow Jones says »

United Technologies has…

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JCI

Johnson Controls

$38.73

0.48 (1.25%)

17:47
08/20/18
08/20
17:47
08/20/18
17:47
Initiation
Johnson Controls initiated at Morgan Stanley »

Johnson Controls…

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