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GM

General Motors

$36.87

-2.61 (-6.61%)

10:10
07/25/18
07/25
10:10
07/25/18
10:10

GM CFO says expects meaningful improvement in GM Financial's earnings vs. 2017

  • 25

    Jul

GM General Motors
$36.87

-2.61 (-6.61%)

07/24/18
PIPR
07/24/18
NO CHANGE
Target $57
PIPR
Overweight
General Motors outperforming Ford in China, says Piper Jaffray
While both would suffer in a trade war, it is clear that General Motors (GM) is outperforming Ford (F) in China, Piper Jaffray analyst Alexander Potter tells investors in a research note. The analyst views GM's China business as stable, with a growing presence in luxury. He thinks Cadillac represented 16.7% of GM's Q2 revenue in China, versus 13.6% in 2017, which should boost margins. Until its "new product blitz gains momentum, Ford's China business will likely continue bleeding," Potter contends. He notes the company's Ford's retail sales in China declined by 38% year-over-year in June. The analyst keeps an Overweight rating on GM and a Neutral rating on Ford.
07/20/18
07/20/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. BOFA CUTS YUM CHINA TO UNDERPERFORM: BofA Merrill Lynch analyst Chen Luo downgraded Yum China (YUMC) to Underperform from Neutral and cut its price target to $34 from $44.30. Luo said he expects Yum China to continue to underperform given a likely peak in KFC trends amid China's weakening macro environment, a likely prolonged turnaround at Pizza Hut combined with heavy costs, a slowdown in Chinese consumer consumption, and RMB depreciation. Yum China is down 4.8% in late morning trading. CREDIT SUISSE CUTS FIVE BELOW TO NEUTRAL: Credit Suisse analyst Judah Frommer downgraded Five Below (FIVE) to Neutral from Outperform, telling investors that he is moving to the sidelines as he sees risk/reward balanced at current levels given the stock's material outperformance and back-half comp acceleration that he believes is priced into shares. Frommer keeps his $110 price target and says Five Below remains one of the most differentiated concepts in retail. Five Below is down 4.4% in late morning trading. BAIRD MORE CAUTIOUS ON DRUG SUPPLY CHAIN: Baird analyst Eric Coldwell downgraded Express Scripts (ESRX), AmerisourceBergen (ABC), and McKesson (MCK), all to Neutral from Outperform, citing the heavy political attack in recent weeks against pharmacy benefit managers and members of the drug supply chain. Among them, he said AmerisourceBergen remains his preferred name, but he cannot justify putting new money to work in these names in the current environment. SUNTRUST STARTS VIKING WITH A BUY: SunTrust analyst Edward Nash initiated Viking Therapeutics (VKTX) with a Buy rating and a price target of $14, saying its VK2809 drug for lipid disorders "has the potential to become a promising treatment by addressing multiple metabolic issues" associated with the non-alcoholic steatohepatitis disease, or NASH. Viking is up 8.3% in late morning trading. JPMORGAN SAYS BUY GM, SELL TESLA INTO EARNINGS: JPMorgan analyst Ryan Brinkman forecast lower than consensus Q2 earnings for Ford (F) and higher than consensus earnings for General Motors (GM). The analyst is also concerned about the potential for a "large loss and accompanying large cash outflow" at Tesla (TSLA) in Q2 to "make the bridge" to GAAP profitability and positive cash generation in the second half of the year. Brinkman maintained Overweight ratings on GM and Ford, with a preference for GM shares. He also kept his cautious Underweight rating on Tesla shares, seeing 44% downside to his $180 December 2018 price target.
07/20/18
JPMS
07/20/18
NO CHANGE
JPMS
Overweight
JPMorgan says buy GM, sell Tesla into Q2 earnings reports
JPMorgan analyst Ryan Brinkman forecasts lower than consensus Q2 earnings for Ford (F) and higher than Street earnings for General Motors (GM). Both companies are likely to be impacted by higher commodity costs during the quarter, although the decline in spot prices subsequent to the quarter should limit impact to the full year, Brinkman tells investors in a research note previewing the Q2 earnings for the automakers. The analyst is also concerned about the potential for a "large loss and accompanying large cash outflow" at Tesla in Q2 to "make the bridge" to GAAP profitability and positive cash generation in the second half of the year. Brinkman maintains Overweight ratings on GM and Ford, with a preference for GM shares. He also keeps his cautious Underweight rating on Tesla shares, seeing 44% downside to his $180 December 2018 price target.
07/10/18
RBCM
07/10/18
NO CHANGE
Target $53
RBCM
Outperform
General Motors price target raised to $53 at RBC Capital
RBC Capital analyst Joseph Spak kept his Outperform rating on General Motors (GM) and nudged his price target to $53 from $52, saying the recent $2.25B investment by Softbank (SFTBF) adds validation to the company's GM Cruise robo-taxi offering plans. Aside from the validation, Spak notes that the investment "provides capital to reach scale commercialization, affords GM capital allocation flexibility, and unlocks GM share price value as Cruise around $7 per share."

TODAY'S FREE FLY STORIES

GOOG

Alphabet

$1,152.97

2.58 (0.22%)

, GOOGL

Alphabet Class A

$1,152.86

2.4 (0.21%)

06:18
07/17/19
07/17
06:18
07/17/19
06:18
Periodicals
Google terminating 'Project Dragonfly' censored search engine for China, BI says »

Google is killing the…

GOOG

Alphabet

$1,152.97

2.58 (0.22%)

GOOGL

Alphabet Class A

$1,152.86

2.4 (0.21%)

03/08/13
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ADBE

Adobe

$305.76

-2.95 (-0.96%)

06:18
07/17/19
07/17
06:18
07/17/19
06:18
Recommendations
Adobe analyst commentary  »

UBS believes Adobe can…

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PRGS

Progress Software

$40.57

-1.04 (-2.50%)

06:16
07/17/19
07/17
06:16
07/17/19
06:16
Upgrade
Progress Software rating change  »

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  • 24

    Jul

GOOGL

Alphabet Class A

$1,152.86

2.4 (0.21%)

, GOOG

Alphabet

$1,152.97

2.58 (0.22%)

06:15
07/17/19
07/17
06:15
07/17/19
06:15
Periodicals
Palantir co-founder Joe Lonsdale calls Google 'unpatriotic,' CNBC reports »

The co-founder of data…

GOOGL

Alphabet Class A

$1,152.86

2.4 (0.21%)

GOOG

Alphabet

$1,152.97

2.58 (0.22%)

03/08/13
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OMP

Oasis Midstream Partners

$21.78

(0.00%)

06:15
07/17/19
07/17
06:15
07/17/19
06:15
Initiation
Oasis Midstream Partners initiated  »

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TGE

Tallgrass Energy

06:14
07/17/19
07/17
06:14
07/17/19
06:14
Initiation
Tallgrass Energy initiated  »

Tallgrass Energy…

03/08/13
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  • 25

    Jul

NGL

NGL Energy Partners

$15.30

0.11 (0.72%)

06:13
07/17/19
07/17
06:13
07/17/19
06:13
Initiation
NGL Energy Partners initiated  »

NGL Energy Partners…

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NBLX

Noble Midstream

$32.45

-0.3 (-0.92%)

06:13
07/17/19
07/17
06:13
07/17/19
06:13
Initiation
Noble Midstream initiated  »

Noble Midstream initiated…

03/08/13
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  • 02

    Aug

IMRN

Immuron

$4.27

1.43 (50.35%)

06:11
07/17/19
07/17
06:11
07/17/19
06:11
Syndicate
Immuron 339.1K share Spot Secondary priced at $4.00 »

The deal priced below the…

03/08/13
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  • 17

    Jul

PAA

Plains All American

$24.57

-0.04 (-0.16%)

06:10
07/17/19
07/17
06:10
07/17/19
06:10
Initiation
Plains All American initiated  »

Plains All American…

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  • 06

    Aug

ET

Energy Transfer LP

$14.94

0.03 (0.20%)

06:10
07/17/19
07/17
06:10
07/17/19
06:10
Initiation
Energy Transfer LP initiated  »

Energy Transfer LP…

03/08/13
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03/06/13
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DIS

Disney

$144.33

-0.72 (-0.50%)

06:09
07/17/19
07/17
06:09
07/17/19
06:09
Periodicals
Disney collects data on Disneyland guests via 'MagicBands,' Bloomberg reports »

Disney monitors usage of…

03/08/13
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  • 06

    Aug

EPD

Enterprise Products

$30.32

0.005 (0.02%)

06:08
07/17/19
07/17
06:08
07/17/19
06:08
Initiation
Enterprise Products initiated  »

Enterprise Products…

03/08/13
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  • 17

    Jul

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    Jul

CSX

CSX

$79.57

1.05 (1.34%)

06:07
07/17/19
07/17
06:07
07/17/19
06:07
Downgrade
CSX rating change  »

CSX downgraded to Equal…

03/08/13
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  • 26

    Aug

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    Nov

MTSI

Macom

$15.55

0.01 (0.06%)

06:06
07/17/19
07/17
06:06
07/17/19
06:06
Upgrade
Macom rating change  »

Macom upgraded to…

03/08/13
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FB

Facebook

$203.87

-0.06 (-0.03%)

06:05
07/17/19
07/17
06:05
07/17/19
06:05
Periodicals
Swiss group FDPIC says hasn't heard from Facebook over Libra, CNBC reports »

David Marcus, the head of…

03/08/13
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  • 17

    Jul

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  • 24

    Jul

ONDK

On Deck Capital

$3.99

0.06 (1.53%)

06:03
07/17/19
07/17
06:03
07/17/19
06:03
Hot Stocks
On Deck Capital, Upserve announce financing partnership »

OnDeck and Upserve, a…

03/08/13
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  • 29

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    Nov

SCS

Steelcase

$17.43

-0.21 (-1.19%)

06:03
07/17/19
07/17
06:03
07/17/19
06:03
Downgrade
Steelcase rating change  »

Steelcase downgraded to…

03/08/13
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AMZN

Amazon.com

$2,010.00

-11 (-0.54%)

06:02
07/17/19
07/17
06:02
07/17/19
06:02
Hot Stocks
EU opens investigation into potential anti-competitive conduct of Amazon »

The European Commission…

03/08/13
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  • 17

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PSO

Pearson

$11.01

0.24 (2.23%)

06:00
07/17/19
07/17
06:00
07/17/19
06:00
Periodicals
Pearson plans to phase out print textbooks, BBC News reports »

Education publisher…

03/08/13
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TSLA

Tesla

$252.38

-1.03 (-0.41%)

05:53
07/17/19
07/17
05:53
07/17/19
05:53
Recommendations
Tesla Q2 results next catalyst in 'restoring bull thesis,' says Baird »

Baird analyst Ben Kallo…

03/08/13
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  • 24

    Jul

  • 06

    Aug

SC

Santander Consumer

$25.55

-0.05 (-0.20%)

05:46
07/17/19
07/17
05:46
07/17/19
05:46
Downgrade
Santander Consumer rating change  »

Santander Consumer…

03/08/13
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  • 24

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  • 24

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  • 30

    Oct

MNK

Mallinckrodt

$8.19

-0.23 (-2.73%)

05:45
07/17/19
07/17
05:45
07/17/19
05:45
Recommendations
Mallinckrodt analyst commentary  »

Mallinckrodt halted trial…

03/08/13
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  • 06

    Aug

  • 09

    Sep

INTC

Intel

$49.17

-0.96 (-1.92%)

05:38
07/17/19
07/17
05:38
07/17/19
05:38
Recommendations
Intel analyst commentary  »

Nomura Instinet…

03/08/13
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  • 25

    Jul

DPZ

Domino's Pizza

$246.55

-23.42 (-8.68%)

05:35
07/17/19
07/17
05:35
07/17/19
05:35
Recommendations
Domino's Pizza analyst commentary  »

Domino's Pizza price…

03/08/13
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  • 13

    Nov

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