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F

Ford

$9.54

0.05 (0.53%)

, WMT

Walmart

$102.95

-0.93 (-0.90%)

06:16
11/14/18
11/14
06:16
11/14/18
06:16

Ford, Walmart collaborate to design automated-vehicle delivery

Brian Wolf, Director, Business Development, Ford (F) Autonomous Vehicles LLC, says in a Medium post: "At Ford, we believe the advent of self-driving vehicles opens up the potential to ease some of life's pain points and markedly expand affordable access to transportation and goods delivery... Now, it's time to explore how grocery delivery can help expand access to fresh food and other retail items for people all over the country, including in Miami-Dade County, where we're currently putting our comprehensive self-driving business operations to the test. This is why we're teaming up with Walmart (WMT). Through this collaboration, we are exploring how self-driving vehicles can deliver many everyday goods such as groceries, diapers, pet food and personal care items. Enabled by Postmates delivery as a service, we were able to quickly set up a pilot program that explores how our self-driving vehicles can complement Walmart's existing delivery offerings. Over the next couple of months, we'll be working closely with Walmart to understand its operations, identify what goods we can feasibly transport, and pinpoint any issues that may need to be addressed to successfully deliver orders via self-driving vehicles." Reference Link

F

Ford

$9.54

0.05 (0.53%)

WMT

Walmart

$102.95

-0.93 (-0.90%)

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    Nov

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    Nov

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    Dec

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    Oct

F Ford
$9.54

0.05 (0.53%)

10/29/18
10/29/18
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 Neutral at Goldman Sachs with analyst David Tamberrino saying he views the stock as a "product and self-help story" along with an "attractive" dividend yield. 2. Helmerich & Payne (HP) upgraded to Market Perform from Underperform at BMO Capital. 3. STMicroelectronics (STM) upgraded to Neutral from Sell at UBS. 4. AB InBev (BUD) upgraded to Outperform from Sector Perform at RBC Capital with analyst James Edwardes Jones saying while the company's Q3 results were "disappointing," he believes that shares were also oversold given that the company's "sales growth looks OK relative to the rest of the consumer staples sector." 5. ConocoPhillips (COP) upgraded to Buy from Neutral at BofA/Merrill with analyst Doug Leggate saying ConocoPhillips' has a favorably leveraged oil portfolio mix which is overlooked by the market and benefits from the 2014 change in the Alaska tax regime. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/29/18
GSCO
10/29/18
UPGRADE
Target $12
GSCO
Buy
Goldman upgrades Ford to Buy with 40% total return potential in 12 months
Goldman Sachs analyst David Tamberrino upgraded Ford Motor (F) to Buy and raised his price target for the shares to $12 from $9. While the analyst still expects a "downward earnings trajectory" into 2019 as North America profit remains under pressure, he believes next year will represent "trough earnings" for Ford. The combination of a refreshed product cadence globally as well as cost improvements from strategic initiatives will begin to take hold in 2019, Tamberrino tells investors in a research note. The analyst believes Ford "can put itself on a pathway to earnings that are above normalized EPS by 2021." With investor sentiment still skewed toward General Motors (GM) over Ford, incremental announcements regarding plant closures and business decisions around under-performing product lines would likely be viewed positively, says Tamberrino. In addition, he believes Ford's current regular dividend "appears manageable." All in, he sees potential for a total return of approximately 40% over the next year for Ford shares. The stock in premarket trading is up 25c to $9.23.
10/29/18
GSCO
10/29/18
UPGRADE
Target $12
GSCO
Buy
Ford upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs analyst David Tamberrino upgraded Ford Motor to Buy and raised his price target for the shares to $12 from $9. The analyst views as a "product and self-help story" along with an "attractive" dividend yield.
10/25/18
MSCO
10/25/18
NO CHANGE
Target $10
MSCO
Equal Weight
Ford Q3 beat, guidance reiteration provide some relief, says Morgan Stanley
After Ford reported Q3 adjusted EBIT that was close to 10% above the consensus view and reiterated its full year EPS guidance, Morgan Stanley analyst Adam Jonas said he believes the report can help calm negative sentiment and falling expectations in the equity and credit markets. Jonas, who thinks the stock reaction will be positive, "but probably not the big inflection," reiterates an Equal Weight rating and $10 price target on Ford shares.
WMT Walmart
$102.95

-0.93 (-0.90%)

11/08/18
BARD
11/08/18
NO CHANGE
Target $110
BARD
Outperform
Walmart headed for 'solid Q3 results' says Baird
Baird analyst Peter Benedict kept his Outperform rating and $110 price target on Walmart ahead of its Q3 results, saying he has an upward bias to its U.S. comps expectations after the management's "bullish" tone at last month's investor meeting. The analyst adds that the prospects for sustained momentum also appear to be good given the "multiple in-store and online initiatives converging" and the backdrop for consumer spending remaining firm.
11/02/18
SPHN
11/02/18
DOWNGRADE
Target $26
SPHN
Underweight
Synchrony downgraded to Underweight from Equal Weight at Stephens
Stephens analyst Vincent Caintic downgraded Synchrony (SYF) to Underweight from Equal Weight, citing the negative implications he sees from the lawsuit against the company from Walmart (WMT). Beyond the potential for over $800M in damages, the suit implies the Sam's Club account is lost, the Amazon (AMZN) account is "in jeopardy," and other retailers can be expected to "take a hard look" at their own relationships with Synchrony, Caintic believes. He lowered his price target on Synchrony shares to $26 from $32.
10/29/18
COWN
10/29/18
NO CHANGE
Target $120
COWN
Walmart price target raised to $120 from $115 at Cowen
Cowen analyst Oliver Chen raised his price target on Walmart to $120 from $115 following his meeting with management. The analyst said the company is well positioned in the retail race, citing its rapid acquisition of new brands combined with increasing same-day deliveries and a fresh food supply chain. Chen reiterated his Outperform rating on Walmart shares.
10/22/18
MKMP
10/22/18
NO CHANGE
Target $105
MKMP
Neutral
Walmart price target lowered to $105 at MKM Partners after analyst meeting
MKM Partners analyst Patrick McKeever nudged his price target on Walmart lower to $105 from $107 and also kept his Neutral rating after its annual meeting with the investment community, saying he has turned "more positive" on the outlook for the company's top line. The analyst cites Walmart's continued benefits coming from a "very favorable consumer backdrop, better store execution driven by wage/training investments, aggressive adaption of new technology, an improved fresh assortment, and strong momentum in e-commerce." McKeever anticipates more challenges for Walmart's profitability however because of wider e-commerce losses than anticipated in addition to incremental pressures coming from the fuel/transport costs and retail price investment.

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Aramark

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SONO

Sonos

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WLL

Whiting Petroleum

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0.36 (4.36%)

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APD

Air Products

$228.77

2.32 (1.02%)

06:12
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EADSY

Airbus

$0.00

(0.00%)

06:11
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CSTL

Castle Biosciences

$20.14

-0.56 (-2.71%)

06:10
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08/19
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06:10
Initiation
Castle Biosciences initiated  »

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CSTL

Castle Biosciences

$20.14

-0.56 (-2.71%)

06:08
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Initiation
Castle Biosciences initiated  »

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WE

We Company

$0.00

(0.00%)

06:08
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PDS

Precision Drilling

$1.10

(0.00%)

06:05
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Precision Drilling sees FY20 CapEx C$60M-C$80M »

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MA

MasterCard

$274.24

2.4 (0.88%)

, FB

Facebook

$183.42

0.78 (0.43%)

06:05
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06:05
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06:05
Periodicals
MasterCard putting together cryptocurrency team, NY Post reports »

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MA

MasterCard

$274.24

2.4 (0.88%)

FB

Facebook

$183.42

0.78 (0.43%)

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CSTL

Castle Biosciences

$20.14

-0.56 (-2.71%)

06:04
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08/19
06:04
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06:04
Initiation
Castle Biosciences initiated  »

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PDS

Precision Drilling

$1.10

(0.00%)

06:03
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Precision Drilling lowers FY19 CapEx view to C$144M from C$169M »

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RRC

Range Resources

$4.10

0.07 (1.74%)

06:03
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BSX

Boston Scientific

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MU

Micron

$43.55

1.32 (3.13%)

, WDC

Western Digital

$55.18

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06:02
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Acacia Communications

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NeoPhotonics

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Lumentum

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Finisar

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HSY

Hershey

$155.41

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06:02
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ONE

OneSmart

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-0.355 (-4.81%)

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WB

Weibo

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WB

Weibo

$37.05

1.69 (4.78%)

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SINA

Sina

$37.66

1.97 (5.52%)

05:32
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Earnings
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