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F

Ford

$10.18

0.07 (0.69%)

, VWAGY

Volkswagen

$0.00

(0.00%)

08:16
07/12/19
07/12
08:16
07/12/19
08:16

Ford, Volkswagen commercial van, pickup collaboration on-track

Ford (F) and Volkswagen (VWAGY) remain on track in their previously announced plan to improve their respective strengths in commercial vans and medium pickups in key global markets. The work on these vehicle lines will create significant efficiencies for each company. Ford will engineer, source and build the previously announced medium pickup for both companies for customers in Europe, Africa, the Middle East, Asia Pacific and South America, with trucks expected to arrive in key markets as early as 2022. For both companies, Ford intends to engineer, source and build larger commercial vans for European customers starting in 2022, and Volkswagen intends to develop, source and build a city van for sale in Europe and other select global markets. Volkswagen and Ford have strong complementary commercial van and pickup businesses around the world, with popular models including the Ford Transit lineup and Ranger as well as the Volkswagen Transporter, Caddy and Amarok. As both companies expect customer demand for medium pickups and commercial vans to grow globally in the next five years, collaborating on these key segments will allow better technologies and more innovation to reach their respective customers more quickly - with better plant capacity utilization.

F

Ford

$10.18

0.07 (0.69%)

VWAGY

Volkswagen

$0.00

(0.00%)

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    Jul

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    Oct

F Ford
$10.18

0.07 (0.69%)

06/26/19
FBCO
06/26/19
INITIATION
Target $13
FBCO
Outperform
Ford initiated with an Outperform at Credit Suisse
Credit Suisse initiated Ford with an Outperform and $13 price target.
06/27/19
06/27/19
INITIATION
Target $13

Outperform
Credit Suisse bullish on Ford, initiates with an Outperform
As previously reported, Credit Suisse analyst Dan Levy initiated Ford with an Outperform rating and $13 price target. The analyst acknowledges that Ford faces a number of risks ahead, as it redesigns its business to address profitability, while concurrently pursuing a longer-term reimagining of the business. Yet he sees upside for the stock, as there have been early signs of improvement with more to come.
06/27/19
06/27/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Tesla (TSLA) initiated with an Underperform at Credit Suisse while Ford (F) and General Motors (GM) initiated with an Outperform. 2. Take-Two (TTWO) initiated with a Buy at SunTrust. 3. Infinity Pharmaceuticals (INFI) initiated with an Outperform at Oppenheimer. 4. Nomad Foods (NOMD) initiated with a Buy at Goldman Sachs. 5. Schlumberger (SLB) initiated with a Buy at Gabelli. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/03/19
MSCO
07/03/19
NO CHANGE
Target $10
MSCO
Equal Weight
Ford to begin pivot to battery electric vehicles this year, says Morgan Stanley
Morgan Stanley analyst Adam Jonas noted that Ford (F) does not currently sell any battery electric vehicles, or BEVs, but he thinks this is about to change, noting that the company will unveil a Mustang-inspired all-electric BEV later this year and is developing a BEV F-150 truck. He also believes Ford's ongoing strategic partnership discussions with Volkswagen (VWAGY) will give it an opportunity "to close the BEV gap," he tells investors. Jonas, who said a pivot to BEVs could be a risk to Ford's near-term earnings but a longer-term positive for the stock, keeps an Equal Weight rating and $10 price target on Ford shares.
VWAGY Volkswagen
$0.00

(0.00%)

05/31/19
JMPS
05/31/19
NO CHANGE
Target $369
JMPS
Outperform
JMP Securities keeps Outperform rating on Tesla after driving Audi e-tron
After test driving and analyzing the Audi e-tron, which marks Volkswagen's (VWAGY) first fully electric small SUV, JMP Securities analyst Joseph Osha said the test drive left him impressed but he also thinks "VW is late to the EV market and it shows." The e-tron is heavy, "slow by EV standards," and Osha said he thinks the weak range and performance are likely to limit sales for this version of the vehicle. Following the e-tron try-out, Osha reiterated his Outperform rating and $369 price target on Tesla shares, adding that he feels his 90,500 unit target for Tesla's Q2 shipments "is secure" based on early data.
06/03/19
RBCM
06/03/19
INITIATION
RBCM
Outperform
Volkswagen initiated with an Outperform at RBC Capital
RBC Capital analyst Tom Narayan started Volkswagen with an Outperform rating and EUR 202 price target. The analyst rolled out coverage on the European Autos group with a positive bias on car makers and a more cautious view on suppliers. While acknowledging near-term cyclical pressures, Narayan says the market is valuing Daimler, Renault and VW with no terminal value. His positive view on the car makers is supported by his firm's survey work which suggests strong consumer demand for electronic vehicles and a willingness to pay more.
06/27/19
FBCO
06/27/19
INITIATION
Target $189
FBCO
Underperform
Credit Suisse starts Tesla at Underperform, sees 'niche automaker'
Credit Suisse analyst Dan Levy last night initiated coverage of Tesla (TSLA) with an Underperform rating and $189 price target. The stock closed yesterday down 49c to $219.27. While Tesla currently leads in areas that will likely define the future of car making, the company faces "risks ahead" and is "likely to settle as a niche automaker," Levy tells investors in a research note. Volkswagen's (VWAGY) "strong push" on electric vehicles highlights the competition Tesla faces from larger, better capitalized players, according to the analyst. He believes Tesla lacks the same scale as other automakers and that the company has struggled with the basic "processes" of the auto industry. If Tesla can't maintain "healthy" margins, then its edge in the differentiating aspects of the auto business will be a "moot point," says Levy.

TODAY'S FREE FLY STORIES

AMZN

Amazon.com

$1,992.41

-17.59 (-0.88%)

08:54
07/18/19
07/18
08:54
07/18/19
08:54
Periodicals
Amazon's Go outlets in Chicago falling short of expectations, Bloomberg reports »

Amazon's Go…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 25

    Jul

WP

Worldpay

$132.28

1.07 (0.82%)

08:52
07/18/19
07/18
08:52
07/18/19
08:52
Initiation
Worldpay initiated  »

Worldpay assumed with a…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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ONEXF

Onex

$0.00

(0.00%)

08:52
07/18/19
07/18
08:52
07/18/19
08:52
Hot Stocks
Onex to sell Jack's Family Restaurants, terms not disclosed »

Onex Corporation and its…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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EBAY

eBay

$39.03

-0.87 (-2.18%)

, FB

Facebook

$201.97

-1.9 (-0.93%)

08:51
07/18/19
07/18
08:51
07/18/19
08:51
Recommendations
eBay, Facebook analyst commentary  »

eBay price target raised…

EBAY

eBay

$39.03

-0.87 (-2.18%)

FB

Facebook

$201.97

-1.9 (-0.93%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 24

    Jul

WEX

Wex

$218.50

0.11 (0.05%)

08:51
07/18/19
07/18
08:51
07/18/19
08:51
Initiation
Wex initiated  »

Wex assumed with a Hold…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Hot Stocks
MyoKardia expects cash, cash equivalents to fund operations into 2H21 »

MyoKardia's cash…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 09

    Sep

V

Visa

$179.16

-0.14 (-0.08%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Initiation
Visa initiated  »

Visa assumed with a Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 23

    Jul

TSS

TSYS

$133.04

0.06 (0.05%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Initiation
TSYS initiated  »

TSYS assumed with a Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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CIR

Circor

$37.12

-1.22 (-3.18%)

08:50
07/18/19
07/18
08:50
07/18/19
08:50
Upgrade
Circor rating change  »

Circor upgraded to Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 01

    Aug

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

, SNY

Sanofi

$41.57

-0.25 (-0.60%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Hot Stocks
MyoKardia re-acquires U.S. royalty rights to HCM programs from Sanofi »

MyoKardia (MYOK)…

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

SNY

Sanofi

$41.57

-0.25 (-0.60%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 29

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  • 02

    Oct

SQ

Square

$80.81

0.23 (0.29%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Initiation
Square initiated  »

Square assumed with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 01

    Aug

TMDI

Titan Medical

$2.19

-0.025 (-1.13%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Hot Stocks
Titan Medical completes GLP procedures with single-port robotic surgery system »

Titan Medical announced…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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PYPL

PayPal

$118.80

-0.88 (-0.74%)

08:49
07/18/19
07/18
08:49
07/18/19
08:49
Initiation
PayPal initiated  »

PayPal assumed with a Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 24

    Jul

MYOK

MyoKardia

$49.90

-0.21 (-0.42%)

08:48
07/18/19
07/18
08:48
07/18/19
08:48
Hot Stocks
MyoKardia expects to report topline data from EXPLORER-HCM trial in 2Q20 »

MyoKardia announced…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 09

    Sep

MA

MasterCard

$275.34

-1.1 (-0.40%)

08:48
07/18/19
07/18
08:48
07/18/19
08:48
Initiation
MasterCard initiated  »

MasterCard assumed with a…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 30

    Jul

GDOT

Green Dot

$47.85

-0.525 (-1.09%)

08:47
07/18/19
07/18
08:47
07/18/19
08:47
Initiation
Green Dot initiated  »

Green Dot assumed with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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GPN

Global Payments

$165.06

0.215 (0.13%)

08:47
07/18/19
07/18
08:47
07/18/19
08:47
Initiation
Global Payments initiated  »

Global Payments assumed…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 30

    Jul

  • 13

    Nov

FLT

FleetCor

$289.72

-1.21 (-0.42%)

08:46
07/18/19
07/18
08:46
07/18/19
08:46
Initiation
FleetCor initiated  »

FleetCor assumed with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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GPC

Genuine Parts

$102.27

-3.07 (-2.91%)

08:46
07/18/19
07/18
08:46
07/18/19
08:46
Earnings
Genuine Parts updates FY19 revenue growth view to 4.5%-5.5%, consensus $19.55B »

The company said,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 18

    Jul

  • 06

    Aug

SPNE

SeaSpine

$12.73

(0.00%)

08:45
07/18/19
07/18
08:45
07/18/19
08:45
Hot Stocks
SeaSpine announces release of OsteoStrand, OsteoStrand Plus DBM Fibers »

SeaSpine Holdings…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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APHA

Aphria

$6.56

0.26 (4.13%)

, SAP

SAP

$134.22

-0.9 (-0.67%)

08:45
07/18/19
07/18
08:45
07/18/19
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

APHA

Aphria

$6.56

0.26 (4.13%)

SAP

SAP

$134.22

-0.9 (-0.67%)

OSTK

Overstock.com

$18.90

1.13 (6.36%)

SIL

APEX Silver Mines

$28.29

1.23 (4.55%)

FCEL

FuelCell

$0.31

-0.014 (-4.38%)

TZA

Small Cap Bear 3x

$46.85

1.05 (2.29%)

TLT

iShares 20+ Year Treasury Bond Fund

$131.99

1.42 (1.09%)

SQQQ

ProShares UltraPro Short QQQ

$32.21

0.42 (1.32%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 18

    Jul

  • 01

    Aug

  • 01

    Aug

08:45
07/18/19
07/18
08:45
07/18/19
08:45
General news
U.S. initial jobless claims rose 8k to 216k in the week ended July 13 »

U.S. initial jobless…

MS

Morgan Stanley

$43.78

-0.63 (-1.42%)

08:44
07/18/19
07/18
08:44
07/18/19
08:44
Hot Stocks
Breaking Hot Stocks news story on Morgan Stanley »

Morgan Stanley CFO says…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 18

    Jul

  • 11

    Sep

MS

Morgan Stanley

$43.78

-0.63 (-1.42%)

08:44
07/18/19
07/18
08:44
07/18/19
08:44
Hot Stocks
Breaking Hot Stocks news story on Morgan Stanley »

Morgan Stanley CFO says…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 18

    Jul

  • 11

    Sep

MS

Morgan Stanley

$43.78

-0.63 (-1.42%)

08:43
07/18/19
07/18
08:43
07/18/19
08:43
Hot Stocks
Breaking Hot Stocks news story on Morgan Stanley »

Morgan Stanley CFO says…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 18

    Jul

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    Sep

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