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TOWR

Tower International

$29.99

0.51 (1.73%)

08:11
11/20/18
11/20
08:11
11/20/18
08:11

Tower International trading resumes

TOWR Tower International
$29.99

0.51 (1.73%)

02/14/18
RILY
02/14/18
NO CHANGE
Target $40
RILY
Buy
Tower selloff brings attractive entry point, says B. Riley FBR
B. Riley FBR analyst Christopher Van Horn believes the post-quarter selloff in shares of Tower International brings an attractive entry point. The analyst keeps a Buy rating on the shares with a $40 price target.
05/24/18
ROTH
05/24/18
INITIATION
Target $41
ROTH
Buy
Tower International initiated with a Buy at Roth Capital
Roth Capital analyst Matt Koranda started Tower International with a Buy rating and $41 price target saying it boasts a "solid" 2018/2019 growth outlook and has underappreciated exposure to the long-term secular tailwinds of OEM outsourcing and vehicle light-weighting.
08/28/18
WELS
08/28/18
NO CHANGE
WELS
Tentative U.S./Mexico trade deal a starting point for auto stock recovery, says Wells Fargo
Wells Fargo analyst Richard Kwas believes the U.S./Mexico tentative trade deal is a positive for the automotive space in the interim. In his view, part of the recent underperformance has come from trade uncertainty. NA centric supplier names like Magna (MGA) and Tower International (TOWR) could be the biggest beneficiaries. MGA does have material revenue exposure to Canada and therefore the absence of Canada in a final agreement would create some level of complication for the company relative to the rest of supplier group, he notes. Kwas believes the decision to limit non Mexico/U.S. content to 25% of vehicle value coupled with the 40%-45% minimum threshold for $16/hour manufacturing jobs should stabilize or increase U.S. share of vehicle production.
10/30/18
ROTH
10/30/18
NO CHANGE
Target $36
ROTH
Buy
Tower International price target lowered to $36 from $43 at Roth Capital
Roth Capital analyst Matt Koranda lowered his price target for Tower International to $36 from $43 to reflect incremental pro-forma lease-related debt. The analyst notes that the company delivered solid Q3 results and reiterated the fundamental drivers of its 2018 outlook. He reiterates a Buy rating on the shares.

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NMRD

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XLP

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TWTR

Twitter

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