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GM

General Motors

$44.92

0.75 (1.70%)

08:47
11/29/17
11/29
08:47
11/29/17
08:47

GM says self-driving cars to arrive in 'quarters, not years', TechCrunch reports

While General Motors and Cruise are still working out challenges with their autonomous vehicles before launching commercially, GM president Dan Ammann said the deployment timeframe should be thought about in terms of "quarters, not years," TechCrunch reports, citing Amman. GM and Cruise, which want their self-driving vehicles to be fully electric, is waiting to launch the cars when it can manage the vehicles safely and scale them to become "a really significant percentage of how people get around," Amman said. Reference Link

  • 30

    Nov

  • 09

    Jan

  • 16

    Jan

GM General Motors
$44.92

0.75 (1.70%)

11/17/17
DBAB
11/17/17
DOWNGRADE
Target $76
DBAB
Hold
CarMax downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Rod Lache downgraded CarMax (KMX) to Hold saying his acceleration in same store sales growth thesis has played out while comparisons become somewhat more challenging going forward. The analyst lowered his price target for the shares to $76 from $84. Lache recommends buying General Motors (GM), his top pick in U.S. Autos, heading into 2018.
11/20/17
GUGG
11/20/17
UPGRADE
GUGG
Buy
General Motors upgraded to Buy from Neutral at Guggenheim
11/20/17
11/20/17
UPGRADE
Target $52

Buy
General Motors upgraded to Buy ahead of autonomous event at Guggenheim
As previously reported, Guggenheim analyst Emmanuel Rosner upgraded General Motors to Buy from Neutral ahead of the company's "highly-anticipated" event focused on its vision for an autonomous future. GM CEO Mary Barra has said and repeated that GM's autonomous vehicles are "quarters away, not years," and he expects GM to showcase the advanced status of its technology during its November 30 event, Rosner tells investors. Capturing 5% share of the U.S. ride hailing market at 20% margin would generate $1.6B of operating income by 2025, which Rosner values today at $13B. He also has more comfort in GM's 2018 earnings outlook after the company's comments last week that the impact from its truck downtime would be significantly smaller than forecasted by IHS. Rosner raised his price target on GM shares to $52 from $48.
11/28/17
MSCO
11/28/17
NO CHANGE
Target $43
MSCO
Equal Weight
GM may have hard time exceeding autonomous expectations, says Morgan Stanley
Ahead of General Motors' autonomous car events on November 29 and 30, Morgan Stanley analyst Adam Jonas said the company may find it difficult to top the rising expectations for its leadership in this "hotly contested" area. Investor sentiment around GM "vastly exceeds" where it was earlier this year, both because the company has executed and the global light vehicle market has held up better than expected, but also because the company has changed the narrative of the company's future to one where it can exert leadership in key areas such as shared mobility, connected and electric cars and autonomous vehicles, Jonas tells investors. He thinks GM will give a timeline for deploying fully autonomous fleets in a service within quarters, not years, but also believes its autonomous driving efforts are more likely to be a modest drag on earnings than a benefit for some years to come. Jonas keeps an Equal Weight rating and $43 price target on GM shares.

TODAY'S FREE FLY STORIES

AMZN

Amazon.com

$1,168.92

6.92 (0.60%)

05:24
12/12/17
12/12
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05:24
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    Mar

SAIL

SailPoint Technologies

$14.83

-0.61 (-3.95%)

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GTY

Getty Realty

$28.10

0.08 (0.29%)

05:22
12/12/17
12/12
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05:22
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Getty Realty initiated  »

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MNK

Mallinckrodt

$23.14

0.84 (3.77%)

05:16
12/12/17
12/12
05:16
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05:16
Recommendations
Mallinckrodt analyst commentary  »

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  • 14

    Dec

SFIX

Stitch Fix

$23.98

0.38 (1.61%)

05:13
12/12/17
12/12
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05:13
Initiation
Stitch Fix initiated  »

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  • 19

    Dec

WEB

Web.com

$23.00

1.2 (5.50%)

05:10
12/12/17
12/12
05:10
12/12/17
05:10
Downgrade
Web.com rating change  »

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SNPS

Synopsys

$89.56

-0.95 (-1.05%)

05:09
12/12/17
12/12
05:09
12/12/17
05:09
Downgrade
Synopsys rating change  »

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SSNC

SS&C

$41.38

0.75 (1.85%)

05:09
12/12/17
12/12
05:09
12/12/17
05:09
Downgrade
SS&C rating change  »

SS&C downgraded to…

03/08/13
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03/08/13
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NOW

ServiceNow

$123.09

1.28 (1.05%)

05:08
12/12/17
12/12
05:08
12/12/17
05:08
Downgrade
ServiceNow rating change  »

ServiceNow downgraded to…

03/08/13
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  • 12

    Dec

RNG

RingCentral

$47.55

-0.75 (-1.55%)

05:08
12/12/17
12/12
05:08
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05:08
Downgrade
RingCentral rating change  »

RingCentral downgraded to…

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QTWO

Q2 Holdings

$40.35

-0.1 (-0.25%)

05:07
12/12/17
12/12
05:07
12/12/17
05:07
Downgrade
Q2 Holdings rating change  »

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  • 12

    Dec

QLYS

Qualys

$59.00

0.55 (0.94%)

05:07
12/12/17
12/12
05:07
12/12/17
05:07
Downgrade
Qualys rating change  »

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PTC

PTC

$61.44

-0.26 (-0.42%)

05:06
12/12/17
12/12
05:06
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05:06
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PTC rating change  »

PTC downgraded to Neutral…

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NEWR

New Relic

$60.00

2.77 (4.84%)

05:06
12/12/17
12/12
05:06
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05:06
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New Relic rating change  »

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  • 26

    Feb

TYPE

Monotype Imaging

$24.40

-0.2 (-0.81%)

05:05
12/12/17
12/12
05:05
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05:05
Downgrade
Monotype Imaging rating change  »

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MODN

Model N

$16.00

0.05 (0.31%)

05:05
12/12/17
12/12
05:05
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05:05
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Model N rating change  »

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MIME

Mimecast

$28.02

-0.72 (-2.51%)

05:04
12/12/17
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05:04
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Mimecast rating change  »

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IMPV

Imperva

$41.85

0.3 (0.72%)

05:04
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Imperva rating change  »

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GDDY

GoDaddy

$48.95

0.07 (0.14%)

05:03
12/12/17
12/12
05:03
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05:03
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GoDaddy rating change  »

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FTNT

Fortinet

$42.22

0.27 (0.64%)

05:02
12/12/17
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05:02
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Fortinet rating change  »

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  • 12

    Dec

  • 17

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CSGP

CoStar Group

$290.50

-1.84 (-0.63%)

05:02
12/12/17
12/12
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05:02
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CoStar Group rating change  »

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  • 14

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  • 26

    Feb

CHKP

Check Point

$105.85

1.07 (1.02%)

05:01
12/12/17
12/12
05:01
12/12/17
05:01
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Check Point rating change  »

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  • 17

    Jan

CUDA

Barracuda

$27.61

0.08 (0.29%)

05:00
12/12/17
12/12
05:00
12/12/17
05:00
Downgrade
Barracuda rating change  »

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ADBE

Adobe

$174.31

0.74 (0.43%)

04:59
12/12/17
12/12
04:59
12/12/17
04:59
Downgrade
Adobe rating change  »

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03/08/13
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03/06/13
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  • 14

    Dec

SAIL

SailPoint Technologies

$14.83

-0.61 (-3.95%)

04:56
12/12/17
12/12
04:56
12/12/17
04:56
Initiation
SailPoint Technologies initiated  »

SailPoint Technologies…

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