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GM

General Motors

$36.90

-2.58 (-6.54%)

10:13
07/25/18
07/25
10:13
07/25/18
10:13

General Motors CFO says full size truck launch 'on plan'

  • 25

    Jul

GM General Motors
$36.90

-2.58 (-6.54%)

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."
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.
07/20/18
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.
07/24/18
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.

TODAY'S FREE FLY STORIES

UUGRY

United Utilities

$0.00

(0.00%)

07:09
07/23/19
07/23
07:09
07/23/19
07:09
Upgrade
United Utilities rating change  »

United Utilities upgraded…

03/08/13
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LJPC

La Jolla

$8.54

-0.16 (-1.84%)

07:09
07/23/19
07/23
07:09
07/23/19
07:09
Hot Stocks
La Jolla treatment of malaria granted FDA orphan status »

La Jolla…

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IPG

Interpublic Group

$22.78

-0.01 (-0.04%)

07:09
07/23/19
07/23
07:09
07/23/19
07:09
Hot Stocks
Interpublic Group remains on track to deliver 2%-3% organic growth »

Michael Roth,…

03/08/13
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  • 23

    Jul

  • 08

    Aug

UTX

United Technologies

$132.94

0.57 (0.43%)

07:08
07/23/19
07/23
07:08
07/23/19
07:08
Hot Stocks
Breaking Hot Stocks news story on United Technologies »

United Technologies up…

03/08/13
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  • 23

    Jul

NGG

National Grid

$51.92

-0.02 (-0.04%)

07:08
07/23/19
07/23
07:08
07/23/19
07:08
Upgrade
National Grid rating change  »

National Grid upgraded to…

03/08/13
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03/08/13
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03/06/13
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  • 25

    Sep

IRDM

Iridium

$24.15

0.43 (1.81%)

07:08
07/23/19
07/23
07:08
07/23/19
07:08
Hot Stocks
Iridium sees FY19 service revenue $440M »

Sees FY19 OEBITDA…

03/08/13
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  • 23

    Jul

IPG

Interpublic Group

$22.78

-0.01 (-0.04%)

07:08
07/23/19
07/23
07:08
07/23/19
07:08
Earnings
Interpublic Group reports Q2 adjusted EPS 46c, consensus 44c »

Reports Q2 revenue…

03/08/13
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03/08/13
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03/06/13
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  • 23

    Jul

  • 08

    Aug

REAL

RealReal

$24.84

0.69 (2.86%)

07:07
07/23/19
07/23
07:07
07/23/19
07:07
Initiation
RealReal initiated  »

RealReal initiated with…

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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  • 12

    Aug

PNR

Pentair

$37.59

0.21 (0.56%)

07:07
07/23/19
07/23
07:07
07/23/19
07:07
Earnings
Pentair sees Q3 adjusted EPS 54c-56c, consensus 55c »

The company expects third…

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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  • 23

    Jul

ENGIY

Engie SA

$0.00

(0.00%)

07:07
07/23/19
07/23
07:07
07/23/19
07:07
Upgrade
Engie SA rating change  »

Engie SA upgraded to Buy…

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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IRDM

Iridium

$24.15

0.43 (1.81%)

07:06
07/23/19
07/23
07:06
07/23/19
07:06
Earnings
Iridium reports Q2 EPS (16c), consensus (19c) »

Reports Q2 revenue…

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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  • 23

    Jul

PNR

Pentair

$37.59

0.21 (0.56%)

07:06
07/23/19
07/23
07:06
07/23/19
07:06
Earnings
Pentair updates FY19 adjusted EPS view to approx. $2.35 from $2.30-$2.35 »

Consensus is $2.31.…

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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  • 23

    Jul

ZION

Zions Bancorp

$45.16

-0.95 (-2.06%)

07:06
07/23/19
07/23
07:06
07/23/19
07:06
Recommendations
Zions Bancorp analyst commentary  »

Zions Bancorp price…

03/08/13
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03/08/13
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03/06/13
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HBCP

Home Bancorp

$36.17

0.39 (1.09%)

07:06
07/23/19
07/23
07:06
07/23/19
07:06
Earnings
Home Bancorp reports Q2 EPS 71c, consensus 76c »

The net interest margin…

03/08/13
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03/08/13
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03/06/13
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ASTE

Astec

$31.16

0.38 (1.23%)

, VMI

Valmont

$127.99

-1.03 (-0.80%)

07:06
07/23/19
07/23
07:06
07/23/19
07:06
Hot Stocks
Astec appoints Barry Ruffalo as president, CEO »

Astec Industries(ASTE) …

ASTE

Astec

$31.16

0.38 (1.23%)

VMI

Valmont

$127.99

-1.03 (-0.80%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 23

    Jul

  • 24

    Jul

UTX

United Technologies

$132.94

0.57 (0.43%)

07:05
07/23/19
07/23
07:05
07/23/19
07:05
Earnings
United Technologies raises FY19 adj. EPS view to $7.90-$8.05 from $7.80-$8.00 »

Consensus $7.97. Narrows…

03/08/13
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03/06/13
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  • 23

    Jul

DNNGY

Orsted A/S

$0.00

(0.00%)

07:05
07/23/19
07/23
07:05
07/23/19
07:05
Downgrade
Orsted A/S rating change  »

Orsted A/S downgraded to…

03/08/13
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SHW

Sherwin-Williams

$454.62

-1.9 (-0.42%)

07:05
07/23/19
07/23
07:05
07/23/19
07:05
Earnings
Sherwin-Williams reaffirms FY19 adj. EPS view $20.40-$21.40, consensus $20.94 »

The company said,…

03/08/13
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03/08/13
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03/06/13
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  • 23

    Jul

  • 01

    Aug

  • 06

    Aug

07:05
07/23/19
07/23
07:05
07/23/19
07:05
General news
FX Update: The dollar has posted fresh highs »

FX Update: The dollar has…

JBLU

JetBlue

$18.96

0.05 (0.26%)

, EADSY

Airbus

$0.00

(0.00%)

07:04
07/23/19
07/23
07:04
07/23/19
07:04
Earnings
JetBlue sees achieving $2.50-$3.00 EPS target for 2020, consensus $2.39 »

JetBlue CEO Robin Hayes…

JBLU

JetBlue

$18.96

0.05 (0.26%)

EADSY

Airbus

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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  • 23

    Jul

  • 31

    Jul

TXRH

Texas Roadhouse

07:04
07/23/19
07/23
07:04
07/23/19
07:04
Initiation
Texas Roadhouse initiated  »

Texas Roadhouse initiated…

03/08/13
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03/08/13
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  • 29

    Jul

  • 27

    Aug

  • 28

    Aug

  • 13

    Nov

SZEVY

Suez

$0.00

(0.00%)

07:04
07/23/19
07/23
07:04
07/23/19
07:04
Downgrade
Suez rating change  »

Suez downgraded to Sell…

03/08/13
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03/08/13
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03/06/13
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KO

Coca-Cola

$51.25

-0.15 (-0.29%)

07:04
07/23/19
07/23
07:04
07/23/19
07:04
Hot Stocks
Coca-Cola sees FY19 cash from operations at least $8.5B »

Sees FY19 CapEx…

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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  • 23

    Jul

  • 19

    Sep

ASTE

Astec

$31.16

0.38 (1.23%)

07:04
07/23/19
07/23
07:04
07/23/19
07:04
Earnings
Astec reports Q2 adjusted EPS 36c, consensus 41c »

Reports Q2 revenue…

03/08/13
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03/08/13
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03/06/13
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  • 23

    Jul

JBLU

JetBlue

$18.96

0.05 (0.26%)

07:03
07/23/19
07/23
07:03
07/23/19
07:03
Hot Stocks
JetBlue sees FY19 capacity up 5.5%-6.5% »

For the full year 2019,…

03/08/13
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03/08/13
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03/06/13
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  • 23

    Jul

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