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LAD

Lithia Motors

$104.90

7.19 (7.36%)

06:45
04/25/19
04/25
06:45
04/25/19
06:45

Stephens upgrades Lithia Motors after third straight 'solid' quarter

Stephens analyst Rick Nelson upgraded Lithia Motors to Overweight from Equal Weight and raised his price target for the shares to $132 from $106. The company has posted three consecutive quarters of solid results, including Q1 earnings per share up 17%, Nelson tells investors in a research note. Operational improvements in recently acquired stores are gaining traction and provide a "multi-year tailwind as store operations ramp to full potential," adds the analyst. He believes Lithia is demonstrating it can grow in declining auto environment.

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LAD Lithia Motors
$104.90

7.19 (7.36%)

04/25/19
SPHN
04/25/19
UPGRADE
SPHN
Overweight
Lithia Motors upgraded to Overweight from Equal Weight at Stephens
02/19/19
02/19/19
INITIATION

Fly Intel: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. Southern Copper (SCCO) initiated with a Buy at Goldman Sachs. 2. Arcturus Therapeutics (ARCT) initiated with a Buy at Laidlaw. 3. HEXO Corp (HEXO) initiated with an Outperform at Oppenheimer. 4. Group 1 Automotive (GPI) and Lithia Motors (LAD) were initiated with an Overweight at JPMorgan, while Penske Automotive (PAG) and Asbury Automotive (ABG) were initiated with a Neutral, and Sonic Automotive (SAH) and AutoNation (AN) were initiated with an Underweight at JPMorgan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
02/19/19
JPMS
02/19/19
INITIATION
Target $112
JPMS
Overweight
Lithia Motors initiated with an Overweight at JPMorgan
JPMorgan analyst Rajat Gupta started Lithia Motors with an Overweight rating and $112 price target. The analyst initiated coverage on the U.S. Auto Dealership sector with a balanced view on the industry but a more constructive view on the stocks. His top pick is Lithia Motors on confidence in management's ability to deliver against "substantial" targeted EBITDA improvements. Gupta highlights the company's "strong" execution and "relatively greater balance sheet optionality."
02/13/19
GHSC
02/13/19
INITIATION
Target $110
GHSC
Buy
Lithia Motors initiated with a Buy at Seaport Global
Seaport Global analyst Michael Ward initiated Lithia Motors with a Buy and $110 price target saying the company has transformed by adding over $7B in revenue from acquisitions over the last five years. The analyst said Service & Parts operations are performing at the top end of the Dealer Comp Group with gross profit per unit being the highest in the group. Ward also sees Litha's investment in Shift Technologies, a digital used vehicle retailer, as a platform for expanding share in the used vehicle market.

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CTT

CatchMark Timber

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0.015 (0.14%)

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Raytheon

$177.38

0.195 (0.11%)

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United Technologies

$125.30

0.45 (0.36%)

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DE

Deere

$151.51

0.14 (0.09%)

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TITN

Titan Machinery

$15.87

-0.6 (-3.64%)

, DE

Deere

$151.51

0.14 (0.09%)

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$15.87

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Deere

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CTTAY

Continental AG

$0.00

(0.00%)

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YARIY

Yara

$0.00

(0.00%)

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Yara rating change at JPMorgan »

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CTVA

Corteva

$25.20

0.23 (0.92%)

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UTX

United Technologies

$125.30

0.45 (0.36%)

, SNE

Sony

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SNE

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GRUB

GrubHub

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AMZN

Amazon.com

$1,870.07

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GS

Goldman Sachs

$191.71

0.24 (0.13%)

DB

Deutsche Bank

$6.79

-0.07 (-1.02%)

BA

Boeing

$347.19

-1.54 (-0.44%)

RTN

Raytheon

$177.38

0.195 (0.11%)

MCK

McKesson

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GM

General Motors

$35.66

-0.36 (-1.00%)

18:49
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GM won't deploy self-driving fleet until safer than human driver, Axios reports »

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T

AT&T

$32.36

0.06 (0.19%)

, CMCSA

Comcast

$42.31

0.62 (1.49%)

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On The Fly
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T

AT&T

$32.36

0.06 (0.19%)

CMCSA

Comcast

$42.31

0.62 (1.49%)

CMCSK

Comcast

$0.00

(0.00%)

SNE

Sony

$51.42

1.735 (3.49%)

LGF.A

Lionsgate

$12.22

-0.85 (-6.50%)

DIS

Disney

$141.64

-0.09 (-0.06%)

VIAB

Viacom

$29.38

-0.28 (-0.94%)

VIA

Viacom

$34.61

0.14 (0.41%)

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GS

Goldman Sachs

$191.71

0.24 (0.13%)

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DB

Deutsche Bank

$6.79

-0.07 (-1.02%)

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UAL

United Continental

$87.10

(0.00%)

16:35
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TGT

Target

$87.83

-0.48 (-0.54%)

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Periodicals
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INTC

Intel

$46.18

-0.54 (-1.16%)

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BA

Boeing

$347.19

-1.54 (-0.44%)

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Periodicals
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GS

Goldman Sachs

$191.71

0.24 (0.13%)

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BA

Boeing

$347.19

-1.54 (-0.44%)

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ESLT

Elbit Systems

$154.55

0.55 (0.36%)

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AMGN

Amgen

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  • 16

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SILK

Silk Road Medical

$44.80

-0.95 (-2.08%)

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  • 26

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EDIT

Editas Medicine

$21.72

-0.78 (-3.47%)

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