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MTOR

Meritor

$21.56

-0.39 (-1.78%)

04:55
08/07/18
08/07
04:55
08/07/18
04:55

Meritor management to meet with Buckingham

Meeting to be held in New York on August 7 hosted by Buckingham.

  • 07

    Aug

  • 07

    Aug

MTOR Meritor
$21.56

-0.39 (-1.78%)

01/24/18
LBOW
01/24/18
UPGRADE
LBOW
Buy
Meritor upgraded to Buy from Neutral at Longbow
01/24/18
LBOW
01/24/18
UPGRADE
Target $32
LBOW
Buy
Meritor upgraded to Buy on higher Class 8 production at Longbow
As previously reported, Longbow upgraded Meritor to Buy from Neutral with a $32 price target. Analyst Faheem Sabeiha believes risk/rewards is favorable ahead of expected strong earnings growth and sees potential upside to FY18 guidance of $2.20-$2.40 based on its North America Class 8 production outlook.
03/13/18
PIPR
03/13/18
NO CHANGE
Target $35
PIPR
Overweight
Meritor recent pullback a buying opportunity, says Piper Jaffray
Piper Jaffray analyst Alexander Potter attributes the recent pullback in shares of Meritor to tariff concerns and a peaking Class 8 truck market. He thinks these factors are just "noise" but admits the stock's volatility could persist in the coming weeks. Following recent investor meetings with management, the analyst calls Meritor one of the most under-appreciated growth stories in his coverage. Potter recommends buying the stock at current levels with an Overweight rating and $35 price target.
03/13/18
LBOW
03/13/18
NO CHANGE
Target $32
LBOW
Buy
Longbow says recent weakness in Meritor shares unwarranted
Longbow analyst Faheem Sabeiha believes recent weakness in Meritor shares, attributed to fears from material cost headwinds and concerns that North American Class 8 market is peaking in 2018, is unwarranted. Sabeiha, who sees this as a great entry point into Meritor given the strong Class 8 fundamentals and its longer-term opportunities from its electric vehicle exposure, reiterates a Buy rating and $32 price target on the stock.

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