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LAD

Lithia Motors

$122.38

-1.31 (-1.06%)

07:31
07/08/19
07/08
07:31
07/08/19
07:31

Lithia Motors downgraded to Neutral from Buy at Buckingham

  • 13

    Nov

LAD Lithia Motors
$122.38

-1.31 (-1.06%)

05/06/19
MSCO
05/06/19
UPGRADE
Target $94
MSCO
Overweight
Morgan Stanley more positive on auto dealers, upgrades Group 1 to Overweight
As previously reported, Morgan Stanley analyst Armintas Sinkevicius upgraded Group 1 Automotive (GPI) to Overweight from Equal Weight as he turns positive on the traditional auto dealer group and named it his top pick among the traditional dealers. Sinkevicius sees the potential for an elongated auto cycle following changes to the Fed policy, he noted, adding that he is also drawn to the defensiveness of the dealer model and investor positioning. The analyst, who noted that his estimates are above consensus for all of the traditional dealers in Q2 and for 2019, raised his price target on Group 1 shares to $94 from $67, raised his target on Asbury Automotive (ABG) to $87 from $85, upped his target on AutoNation (AN) to $36 from $27, raised his target on Lithia Motors (LAD) to $128 from $117, increased his target on Sonic Automotive (SAH) to $18 from $10 and keeps a $56 price target on Penske Automotive (PAG).
05/31/19
LBOW
05/31/19
INITIATION
Target $132
LBOW
Buy
Lithia Motors initiated with a Buy at Longbow
Longbow analyst Anthony Deem initiated Lithia Motors with a Buy and $132 price target.
05/31/19
LBOW
05/31/19
INITIATION
Target $132
LBOW
Buy
Longbow starts Lithia Motors at Buy on 'defensive' earnings profile
Longbow analyst Anthony Deem initiated coverage of Lithia Motors with a Buy rating and $132 price target. Annual earnings growth of 5%-10% appears likely over the next several years, driven by same-store revenue and GPU growth, stabilizing interest rates, and share buybacks, Deem tells investors in a research note. Further, the analyst believes accretion from Lithia's capital deployment is likely to "remain robust" with acquisitions picking up potentially in the second half of 2019 or early 2020. He views the company's earnings profile as "defensive."
05/31/19
05/31/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Lithia Motors (LAD) initiated with a Buy at Longbow. 2. Upland Software (UPLD) initiated with a Buy at Jefferies. 3. Alkermes (ALKS) initiated with a Neutral at H.C. Wainwright. 4. Twist Bioscience (TWST) initiated with an Outperform at Evercore ISI. 5. CyberArk (CYBR) initiated with a Buy at Berenberg. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

KSU

Kansas City Southern

$118.05

-4.78 (-3.89%)

12:18
07/17/19
07/17
12:18
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12:18
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Kansas City Southern rating change  »

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  • 19

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    Nov

NSC

Norfolk Southern

$194.90

-11.63 (-5.63%)

12:18
07/17/19
07/17
12:18
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12:18
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Norfolk Southern rating change  »

Norfolk Southern…

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    Aug

CSX

CSX

$71.21

-8.36 (-10.51%)

12:18
07/17/19
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CSX rating change  »

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  • 26

    Aug

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    Nov

UNP

Union Pacific

$166.50

-8.6 (-4.91%)

12:17
07/17/19
07/17
12:17
07/17/19
12:17
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Union Pacific rating change  »

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  • 18

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    Aug

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
07/17/19
07/17
12:17
07/17/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
07/17/19
07/17
12:16
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12:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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NTAP

NetApp

$59.31

0.36 (0.61%)

12:15
07/17/19
07/17
12:15
07/17/19
12:15
Options
NetApp put volume heavy and directionally bearish »

Bearish flow noted in…

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12:15
07/17/19
07/17
12:15
07/17/19
12:15
General news
Breaking General news story  »

Kansas City Federal…

CBB

Cincinnati Bell

$4.28

-0.44 (-9.32%)

12:00
07/17/19
07/17
12:00
07/17/19
12:00
Hot Stocks
Cincinnati Bell falls -9.5% »

Cincinnati Bell is down…

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  • 08

    Aug

JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

$21.02

-2.08 (-9.00%)

12:00
07/17/19
07/17
12:00
07/17/19
12:00
Hot Stocks
Direxion Daily Junior Gold Miners Index Bear 3x Shares falls -9.0% »

Direxion Daily Junior…

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NUS

Nu Skin

$38.13

-7.37 (-16.20%)

12:00
07/17/19
07/17
12:00
07/17/19
12:00
Hot Stocks
Nu Skin falls -16.0% »

Nu Skin is down -16.0%,…

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  • 06

    Aug

AG

First Majestic

$9.10

0.53 (6.18%)

12:00
07/17/19
07/17
12:00
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12:00
Hot Stocks
First Majestic rises 6.2% »

First Majestic is up…

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JNUG

Direxion Daily Jr Gld Mnrs Bull 3X Shrs

$70.17

5.71 (8.86%)

12:00
07/17/19
07/17
12:00
07/17/19
12:00
Hot Stocks
Direxion Daily Jr Gld Mnrs Bull 3X Shrs rises 8.7% »

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FSM

Fortuna Silver Mines

$3.55

0.37 (11.65%)

12:00
07/17/19
07/17
12:00
07/17/19
12:00
Hot Stocks
Fortuna Silver Mines rises 11.6% »

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11:55
07/17/19
07/17
11:55
07/17/19
11:55
General news
Oil Action: WTI crude »

Oil Action: WTI crude…

11:55
07/17/19
07/17
11:55
07/17/19
11:55
Conference/Events
Federal Reserve Bank of Kansas City to speak on economic outlook »

Kansas City Federal…

AVXL

Anavex

$3.03

(0.00%)

11:52
07/17/19
07/17
11:52
07/17/19
11:52
Hot Stocks
Anavex presents new clinical data identifying gut microbiota biomarkers »

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CZR

Caesars

$11.90

-0.01 (-0.08%)

11:50
07/17/19
07/17
11:50
07/17/19
11:50
Options
Call block in Caesar's noted as account swap from July 8th opener »

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MYL

Mylan

$17.95

-0.48 (-2.60%)

11:45
07/17/19
07/17
11:45
07/17/19
11:45
Options
Mylan call volume above normal and directionally bullish »

Bullish option flow…

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  • 31

    Jul

NTDOY

Nintendo

$0.00

(0.00%)

11:43
07/17/19
07/17
11:43
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11:43
Periodicals
Nintendo to launch new Switch model with improved battery life, Kotaku says »

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  • 19

    Jul

DTEGY

Deutsche Telekom

$0.00

(0.00%)

11:38
07/17/19
07/17
11:38
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11:38
Downgrade
Deutsche Telekom rating change at Macquarie »

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GLW

Corning

$33.00

-0.29 (-0.87%)

11:36
07/17/19
07/17
11:36
07/17/19
11:36
Hot Stocks
Corning announces new $5B share repurchase authorization »

Corning announced that…

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  • 30

    Jul

VRAY

ViewRay

$9.20

0.05 (0.55%)

, EKTAY

Elekta

$0.00

(0.00%)

11:36
07/17/19
07/17
11:36
07/17/19
11:36
Recommendations
ViewRay, Elekta analyst commentary at Jefferies »

Elekta recall a positive…

VRAY

ViewRay

$9.20

0.05 (0.55%)

EKTAY

Elekta

$0.00

(0.00%)

03/08/13
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  • 09

    Sep

FOXA

Fox Corp.

$36.26

-0.41 (-1.12%)

11:35
07/17/19
07/17
11:35
07/17/19
11:35
Options
21st Century Fox put volume heavy and directionally bearish »

Bearish flow noted in…

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PNC

PNC Financial

$141.24

2.58 (1.86%)

11:31
07/17/19
07/17
11:31
07/17/19
11:31
Hot Stocks
Breaking Hot Stocks news story on PNC Financial »

PNC Financial says sees…

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  • 17

    Jul

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  • 16

    Oct

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