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DDAIF

Daimler AG

$0.00

(0.00%)

20:53
07/15/19
07/15
20:53
07/15/19
20:53

Daimler AG initiated with a Sell at Goldman Sachs

Goldman Sachs analyst George Galliers initiated Daimler AG with a Sell rating and a price target of EUR 42, saying that after a 4.7% decline in its first-half retail sales, the company's top-line is "clearly behind target". The analyst adds that the company has much work to do in order to resolve the launch issues on the new GLE SUV model as well as in addressing its production issues in Mexico. Galliers further cites the company's trucking exposure given his expected "peak truck volumes" in North America this year, where the company is a market leader with 39% share.

DDAIF Daimler AG
$0.00

(0.00%)

05/15/19
05/15/19
NO CHANGE

Trump plans to delay imposing tariffs on auto imports, Bloomberg reports
Publicly traded companies in the space include Daimler AG (DDAIF), Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM), Volkswagen (VWAGY) and Tesla (TLSA).
05/15/19
MSCO
05/15/19
NO CHANGE
MSCO
Tariff delay a 'modest positive' for automakers, says Morgan Stanley
Morgan Stanley analyst Michael Zezas called media reports indicating that the U.S. plans to delay auto tariffs by up to 6 months a "modest positive" for the automaking group, stating that extra time somewhat reduces the probability of tariffs going into place but that the core impasse between the U.S. and EU - namely whether or not to include agricultural issues in negotiations - still remains and is the real driver of the tariff tension. The analyst, who noted that the U.S. retains the option to implement tariffs at any point within the 180 day delay, said he still thinks auto tariffs are likely to go into effect later this year. Publicly traded automakers that moved up following the headlines regarding the delay decision include Daimler AG (DDAIF), Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VWAGY).
06/03/19
RBCM
06/03/19
INITIATION
RBCM
Outperform
Daimler AG initiated with an Outperform at RBC Capital
RBC Capital analyst Tom Narayan started Daimler AG with an Outperform rating and EUR 67 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.
07/15/19
GSCO
07/15/19
INITIATION
GSCO
Sell
Daimler AG initiated with a Sell at Goldman Sachs

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