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F

Ford

$12.02

-0.095 (-0.78%)

, DDAIF

Daimler AG

$0.00

(0.00%)

06:37
06/14/18
06/14
06:37
06/14/18
06:37

Ford, Daimler AG to close fuel cell joint venture, Reuters reports

Ford (F) and Daimler (DDAIF) are closing its fuel cell joint venture The Automotive Fuel Cell Cooperation this summer, according to Reuters. The two companies are closing the British Columbia-based venture in order to develop fuel cell technology individually. The venture employed about 200 people.Reference Link

F

Ford

$12.02

-0.095 (-0.78%)

DDAIF

Daimler AG

$0.00

(0.00%)

F Ford
$12.02

-0.095 (-0.78%)

05/29/18
JEFF
05/29/18
UPGRADE
Target $14
JEFF
Buy
Ford upgraded to Buy from Hold at Jefferies
Jefferies analyst Philippe Houchois upgraded Ford Motor to Buy and raised his price target for the shares to $14 from $13. The stock closed Friday down 11c to $11.51. The company is getting no credit for its "ambitious but credible" cost targets and "strategic levers" to improve market and product exposure, Houchois tells investors in a research note. The analyst thinks Ford is early among global carmakers in reevaluating how it allocates capital. Ford is his top pick among U.S. car manufacturers.
05/29/18
05/29/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Ford (F) upgraded to Buy from Hold at Jefferies with analyst Philippe Houchois saying the company is getting no credit for its "ambitious but credible" cost targets and "strategic levers" to improve market and product exposure. 2. Roku (ROKU) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Benjamin Swinburne saying the shares are now down over 25% year-to-date while the company's "core fundamentals," such as ARPU and user growth, have been consistently coming in ahead of his prior expectations. 3. Phillips 66 (PSX) upgraded to Outperform from Market Perform at Wells Fargo with analyst Roger Read saying the IMO 2020 low sulfur marine fuel rule in his estimation will be a positive for the U.S. Independent Refiners. 4. Agnico Eagle (AEM) upgraded to Outperform from Market Perform at BMO Capital with analyst Andrew Kaip saying the company stands to benefit from "solid production growth" of 30% through 2020 following the addition of Meliadine assets into the pipeline and an improving free cash flow profile. 5. Occidental Petroleum (OXY) upgraded to Overweight from Equalweight at Capital One. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/06/18
MSCO
06/06/18
NO CHANGE
MSCO
Morgan Stanley says Softbank stake in Cruise significant 'far beyond' just GM
Morgan Stanley analyst Adam Jonas said Softbank's (SFTBF) recently announced investment in GM Cruise "carries significance far beyond" General Motors (GM), arguing that the increasingly conspicuous involvement of "outside validators" such as large-cap tech firms and prominent investors can accelerate perception change in the capital markets about "Auto 2.0." He envisions the possible formation of two different companies currently held under one automaker's roof, which he dubs an Auto 2.0 "Yieldco" and an Auto 2.0 "Growthco." Converting car owners into monthly subscribers could open up significant revenue, profit, and value opportunities for traditional automakers, argues Jonas in a note to investors. Other automaking "OEMs" include Ford (F), Daimler (DDAIF), Toyota (TM), Honda (HMC), Fiat Chrysler (FCAU) and BMW Group (BAMXY).
06/06/18
MSCO
06/06/18
NO CHANGE
Target $16
MSCO
Overweight
Morgan Stanley questions if Ford has a 'business problem or a marketing problem'
Morgan Stanley analyst Adam Jonas estimate that Ford's F-Series pickup truck will produce $42B of revenues in 2018 and produce net income of approximately $6.5B. Excluding Ford Motor, he believes the F-Series franchise would rank #72 on the Fortune 500 list by revenues and that the F-Series ranks "well inside the top 50 companies" in the U.S. in terms of profitability. Given these estimates, Jonas wonders in his note to investors whether Ford has "a business problem or a marketing problem," questioning if the stock market just does "not appreciate the extremely large value of the F-Series business" or if it offsets this large value with "an implied large negative value" of over $10B for the rest of Ford's business. Jonas maintains an Overweight rating and $16 price target on Ford shares.
DDAIF Daimler AG
$0.00

(0.00%)

09/08/17
EVER
09/08/17
UPGRADE
EVER
Outperform
Daimler AG upgraded to Outperform from In Line at Evercore ISI
03/13/18
MSCO
03/13/18
NO CHANGE
MSCO
Morgan Stanley compares automakers to Facebook, Apple in 'Auto 2.0' model
Morgan Stanley analyst Adam Jonas noted that auto companies' valuations have compressed to extremely low levels, but he believes that a move from a vehicle ownership model to a transportation subscriber model could expand the revenue opportunities for the potential "tollkeepers" for the monetization of content and data by "nearly an order of magnitude." Looking at U.S. technology leaders Facebook (FB) and Apple (AAPL), which are both valued on their installed base/subscriber models, can "offer valuable clues" regarding the opportunity for General Motors (GM) and other auto OEMs, said Jonas. Viewing the OEMs though the lens of a subscription model, which should be less cyclical and potentially less capital intensive over time than the current auto model, is relevant to analyzing auto stocks, according to Jonas, who adds that it is still too early to call a winner or loser in "Auto 2.0." Other publicly traded legacy automakers include Fiat Chrysler (FCAU), Ford (F), Honda (HMC), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY) and Daimler (DDAIF).
04/05/18
BERN
04/05/18
NO CHANGE
BERN
BMW, Tesla among 'biggest losers' following Chinese tariffs, says Bernstein
Bernstein analyst Robin Zhu notes that China's Ministry of Commerce announced 25% incremental tariffs on U.S. imports of 106 types of goods, including essentially all automobiles, soy beans, chemicals, aircraft, and other goods. If enforced, this would mean cars imported from the U.S. would face 50% import tariffs, up from the usual 25%. The analyst believes the biggest losers would be BMW (BMWYY), Mercedes (DDAIF), Tesla (TSLA). BMW and Mercedes import the largest volumes of cars from the U.S. into China, followed by is Tesla with14k units of projected imports, he points out.

TODAY'S FREE FLY STORIES

VIOT

Viomi Technology

$0.00

(0.00%)

10:35
09/25/18
09/25
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10:35
Syndicate
Breaking Syndicate news story on Viomi Technology »

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FCAU

Fiat Chrysler

$18.22

-0.09 (-0.49%)

10:35
09/25/18
09/25
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10:35
Options
Fiat Chrysler put volume heavy and directionally bearish »

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10:35
09/25/18
09/25
10:35
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10:35
General news
The U.S. consumer confidence »

The U.S. consumer…

CBM

Cambrex

$65.05

1.95 (3.09%)

10:31
09/25/18
09/25
10:31
09/25/18
10:31
Hot Stocks
Cambrex to expand, invest at High Point, North Carolina site »

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  • 06

    Nov

VNTR

Venator Materials

$9.41

(0.00%)

10:25
09/25/18
09/25
10:25
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10:25
Downgrade
Venator Materials rating change  »

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10:25
09/25/18
09/25
10:25
09/25/18
10:25
General news
U.S. Richmond Fed manufacturing index climbed 5 points to 29 in September »

U.S. Richmond Fed…

RHHBY

Roche

$0.00

(0.00%)

10:25
09/25/18
09/25
10:25
09/25/18
10:25
Conference/Events
Roche to hold a conference call »

Management discusses the…

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  • 25

    Sep

  • 03

    Oct

10:25
09/25/18
09/25
10:25
09/25/18
10:25
Conference/Events
UBS waste market/recycling analyst to hold an analyst/industry conference call »

Analyst Windham, along…

VIOT

Viomi Technology

$0.00

(0.00%)

10:21
09/25/18
09/25
10:21
09/25/18
10:21
Syndicate
Breaking Syndicate news story on Viomi Technology »

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  • 25

    Sep

FB

Facebook

$161.68

-3.72 (-2.25%)

10:20
09/25/18
09/25
10:20
09/25/18
10:20
Options
Heavy trading in Facebook as shares see relative weakness »

Heavy trading in Facebook…

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  • 28

    Oct

  • 07

    Nov

10:20
09/25/18
09/25
10:20
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10:20
General news
Treasury Action: yields remain below highs »

Treasury Action: yields…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
09/25/18
09/25
10:17
09/25/18
10:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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AAPL

Apple

$220.79

(0.00%)

10:16
09/25/18
09/25
10:16
09/25/18
10:16
Periodicals
Apple still dealing with iPhone XR production issues, DigiTimes reports »

Apple has reportedly…

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  • 25

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$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
09/25/18
09/25
10:16
09/25/18
10:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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WEN

Wendy's

$17.59

0.27 (1.56%)

, BJ

BJ's Wholesale

$27.30

-1.17 (-4.11%)

10:15
09/25/18
09/25
10:15
09/25/18
10:15
Initiation
On The Fly: Top five analyst initiations »

Catch up on today's…

WEN

Wendy's

$17.59

0.27 (1.56%)

BJ

BJ's Wholesale

$27.30

-1.17 (-4.11%)

CENT

Central Garden & Pet

$38.28

(0.00%)

INSW

International Seaways

$20.57

0.63 (3.16%)

WELL

Welltower

$64.25

0.275 (0.43%)

03/08/13
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  • 25

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  • 02

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    Sep

INTC

Intel

$45.97

-0.94 (-2.00%)

, ON

ON Semiconductor

$18.54

-0.565 (-2.96%)

10:15
09/25/18
09/25
10:15
09/25/18
10:15
Downgrade
On The Fly: Top five analyst downgrades »

Catch up on today's…

INTC

Intel

$45.97

-0.94 (-2.00%)

ON

ON Semiconductor

$18.54

-0.565 (-2.96%)

ADI

Analog Devices

$91.23

-3.78 (-3.98%)

DLTR

Dollar Tree

$84.38

-1.25 (-1.46%)

CY

Cypress Semiconductor

$14.53

-0.99 (-6.38%)

VALE

Vale

$14.88

0.085 (0.57%)

SBOW

SilverBow Resources

$28.70

-0.14 (-0.49%)

03/08/13
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  • 25

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  • 08

    May

CLX

Clorox

$150.49

0.51 (0.34%)

, DG

Dollar General

$107.69

0.4 (0.37%)

10:15
09/25/18
09/25
10:15
09/25/18
10:15
Upgrade
On The Fly: Top five analyst upgrades »

Catch up on today's…

CLX

Clorox

$150.49

0.51 (0.34%)

DG

Dollar General

$107.69

0.4 (0.37%)

SAIC

SAIC

$80.82

1.94 (2.46%)

HP

Helmerich & Payne

$69.22

1.61 (2.38%)

CNI

Canadian National

$87.82

1 (1.15%)

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  • 27

    Sep

10:15
09/25/18
09/25
10:15
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10:15
General news
U.S. consumer confidence rose 3.7 points to 138.4 in September »

U.S. consumer confidence…

10:15
09/25/18
09/25
10:15
09/25/18
10:15
General news
FX Action: The dollar »

FX Action: The dollar was…

IBM

IBM

$150.30

0.3 (0.20%)

, BABA

Alibaba

$164.77

1.63 (1.00%)

10:11
09/25/18
09/25
10:11
09/25/18
10:11
Periodicals
IBM's top cloud executive departs amid shakeup, The Information reports »

IBM's (IBM) top…

IBM

IBM

$150.30

0.3 (0.20%)

BABA

Alibaba

$164.77

1.63 (1.00%)

03/08/13
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  • 25

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  • 21

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  • 03

    Mar

BA

Boeing

$369.73

1.69 (0.46%)

10:10
09/25/18
09/25
10:10
09/25/18
10:10
Options
Sweep buyers of Boeing weekly calls as shares advance »

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VIOT

Viomi Technology

$0.00

(0.00%)

10:10
09/25/18
09/25
10:10
09/25/18
10:10
Syndicate
Viomi Technology IPO indicated to open at $12 »

Viomi Technology priced…

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  • 25

    Sep

AAPL

Apple

$220.57

-0.22 (-0.10%)

, AKAM

Akamai

$73.42

0.61 (0.84%)

10:07
09/25/18
09/25
10:07
09/25/18
10:07
Conference/Events
AT&T to hold a summit »

AT&T Business Summit…

AAPL

Apple

$220.57

-0.22 (-0.10%)

AKAM

Akamai

$73.42

0.61 (0.84%)

AMZN

Amazon.com

$1,947.50

13 (0.67%)

BB

BlackBerry

$10.57

0.14 (1.34%)

COF

Capital One

$96.99

-0.64 (-0.66%)

CSCO

Cisco

$48.62

0.17 (0.35%)

DE

Deere

$151.70

0.14 (0.09%)

ERIC

Ericsson

$9.08

0.115 (1.28%)

FORR

Forrester

$45.40

(0.00%)

FDX

FedEx

$242.02

-1.835 (-0.75%)

HON

Honeywell

$165.75

0.28 (0.17%)

GOOG

Alphabet

$1,177.22

3.84 (0.33%)

IBM

IBM

$150.20

0.2 (0.13%)

KO

Coca-Cola

$45.94

-0.135 (-0.29%)

TXN

Texas Instruments

$108.20

-1.61 (-1.47%)

SHLD

Sears

$1.21

-0.02 (-1.63%)

RHT

Red Hat

$136.00

1.13 (0.84%)

PANW

Palo Alto Networks

$232.50

1.91 (0.83%)

OMC

Omnicom

$70.09

-0.08 (-0.11%)

NOK

Nokia

$5.58

0.03 (0.54%)

MSFT

Microsoft

$114.68

-0.04 (-0.03%)

VMW

VMware

$154.53

1.04 (0.68%)

ZOOM

Zoom Technologies

$0.00

(0.00%)

ZS

Zscaler

$42.09

0.71 (1.72%)

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  • 13

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  • 06

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    Dec

  • 03

    Mar

VUZI

Vuzix

$6.60

(0.00%)

10:06
09/25/18
09/25
10:06
09/25/18
10:06
Hot Stocks
Vuzix, 1Minuut partner to bring AR innovation through smart glasses »

Vuzix is pleased to…

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  • 15

    Nov

GRUB

GrubHub

$138.36

3.57 (2.65%)

10:04
09/25/18
09/25
10:04
09/25/18
10:04
Recommendations
GrubHub analyst commentary  »

Stephens views Tapingo as…

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