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GM

General Motors

$37.37

-0.41 (-1.09%)

09:05
09/23/19
09/23
09:05
09/23/19
09:05

GM likely to face longer-term work stoppage as strike drags on, says Buckingham

Buckingham analyst Joseph Amaturo maintained a Neutral rating and $35 price target on GM as the UAW strike enters its second week and reiterated his view that an extended stoppage is "likely." In a research note to investors, Amaturo says he believes GM has "no choice" but to settle for unfavorable terms, as political consensus has firmly sided with the UAW workers publicly, granting them sympathy and the moral high ground from President Trump and the Democrats. With the stock trading lower by just under 4% last week, the analyst says he believes that the shares could come under additional pressure as investors realize that this will be a longer-term work stoppage after one full week of negotiating without a settlement.

GM General Motors
$37.37

-0.41 (-1.09%)

09/05/19
CHLM
09/05/19
DOWNGRADE
CHLM
Hold
Craig-Hallum cuts TeleNav to Hold as GM transitions to Google Maps
Craig-Hallum analyst Steve Dyer downgraded TeleNav to Hold from Buy, and lowered his price target on the shares to $5 from $13, after General Motors (GM) announced a Google (GOOG, GOOGL) "infotainment system that will be rolled out worldwide beginning in 2021. The analyst confirmed with sources at GM that TeleNav, GM's current navigation provider, will be replaced with Google Maps, a process which he believes will be a multi-year transition aligning with TeleNav's contract with GM through 2025. Dyer called this transition a "significant negative" for TeleNav, noting that GM contributed $41M in revenue and $54M in billings to TeleNav in FY19, which Dyer was estimating would increase to $81M in revenue in FY20.
09/06/19
RILY
09/06/19
NO CHANGE
Target $7.5
RILY
Buy
TeleNav could be attractive buyout candidate at these levels, says B. Riley FBR
While news that General Motors (GM) is introducing new in-vehicle technology provided by Google (GOOG, GOOGL) is "clearly disappointing," any potential financial impact to Telenav (TNAV) is unlikely to happen until fiscal 2022, B. Riley FBR analyst Josh Nichols tells investors in a research note. Further, the analyst believes TeleNav's revenue from GM is more likely to experience a gradual attrition over a number of years, giving the company a "long runway" to win additional business. Nichols lowered his price target for TeleNav shares to $7.50 from $10.50 but keeps a Buy rating on the name, believing most of the longer-term GM risk is already priced in, despite the eventual outcome remaining unclear. The stock closed Thursday down 45%, or $4.69, to $5.80. TeleNav's current enterprise value of approximately $150M could potentially be justified by Ford (F) alone, which accounted for $141M of billings in fiscal 2019, says Nichols. In addition, TeleNav has developed an array of automotive relationships expertise, and intellectual property, which "has value as well and could be attractive to potential buyers at these levels," contends the analyst.
09/16/19
09/16/19
UPGRADE
Target $15

Buy
Cars.com upgraded to Buy on attractive valuation, GM approval at Craig-Hallum
As previously reported, Craig-Hallum analyst Steve Dyer upgraded Cars.com (CARS) to Buy from Hold, with a $15 price target, as he thinks shares are mostly de-risked following the "massive" selloff after the conclusion of the company's strategic review. Further, the analyst believes that estimate cuts are largely done for the first time since the spin-out, and thinks the company's "strong" free cash flow is underappreciated. The announcement by General Motors (GM) to approve Dealer Inspire as an optional website services provider for its 4k dealers could be a catalyst for shares, he adds.
09/19/19
LOOP
09/19/19
NO CHANGE
Target $104
LOOP
Buy
Ingevity fundamentals not undermined by UAW strike, says Loop Capital
Loop Capital analyst Chris Kapsch keeps his Buy rating and $104 price target on Ingevity (NGVT), saying the underpinnings of his recent upgrade remain intact even though the stock price has pulled back about 4% over the past few days. The analyst notes that the retreat was likely driven by concerns about General Motors' (GM) UAW strike and the attempts by the Trump administration to revoke auto emission regulation in California, but believes that these developments do not alter the overall fundamental story for the stock. Kapsch adds that he would be inclined to buy into any additional pressure on Ingevity shares.

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TIAOF

Telecom Italia

$0.00

(0.00%)

05:59
11/21/19
11/21
05:59
11/21/19
05:59
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Telecom Italia rating change  »

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DUK

Duke Energy

$87.11

0.1 (0.11%)

, LNT

Alliant Energy

$53.15

0.57 (1.08%)

05:58
11/21/19
11/21
05:58
11/21/19
05:58
Recommendations
Duke Energy, Alliant Energy, Pinnacle West, PNM Resources, CenterPoint Energy, PSEG, Consolidated Edison analyst commentary  »

Barclays makes seven…

DUK

Duke Energy

$87.11

0.1 (0.11%)

LNT

Alliant Energy

$53.15

0.57 (1.08%)

PNW

Pinnacle West

$87.22

0.46 (0.53%)

PNM

PNM Resources

$48.79

0.32 (0.66%)

CNP

CenterPoint Energy

$24.46

-0.31 (-1.25%)

PEG

PSEG

$61.19

0.7 (1.16%)

ED

Consolidated Edison

$87.31

0.415 (0.48%)

03/08/13
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  • 03

    Dec

  • 19

    Nov

AMTD

TD Ameritrade

$41.39

0.74 (1.82%)

, SCHW

Charles Schwab

$44.74

0.34 (0.77%)

05:51
11/21/19
11/21
05:51
11/21/19
05:51
Periodicals
TD Ameritrade soars 26% after CNBC says Charles Schwab buyout could come today »

Charles Schwab (SCHW) is…

AMTD

TD Ameritrade

$41.39

0.74 (1.82%)

SCHW

Charles Schwab

$44.74

0.34 (0.77%)

ETFC

E-Trade

$45.88

0.88 (1.96%)

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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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  • 21

    Nov

  • 22

    Nov

SPWR

SunPower

$7.41

-1.12 (-13.13%)

05:49
11/21/19
11/21
05:49
11/21/19
05:49
Syndicate
SunPower 22M share Secondary priced at $7.00 »

Goldman Sachs and…

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  • 21

    Nov

ETFC

E-Trade

$45.88

0.88 (1.96%)

, SCHW

Charles Schwab

$44.74

0.34 (0.77%)

05:43
11/21/19
11/21
05:43
11/21/19
05:43
Hot Stocks
Breaking Hot Stocks news story on E-Trade, Charles Schwab, TD Ameritrade »

E-Trade drops 16c to…

ETFC

E-Trade

$45.88

0.88 (1.96%)

SCHW

Charles Schwab

$44.74

0.34 (0.77%)

AMTD

TD Ameritrade

$41.39

0.74 (1.82%)

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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  • 21

    Nov

  • 22

    Nov

KKR

KKR

$29.32

0.21 (0.72%)

05:43
11/21/19
11/21
05:43
11/21/19
05:43
Hot Stocks
KKR to sell LGC to consortium led by Cinven and Astorg, terms not disclosed »

KKR announces it has…

03/08/13
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SCHW

Charles Schwab

$44.74

0.34 (0.77%)

, AMTD

TD Ameritrade

$41.39

0.74 (1.82%)

05:43
11/21/19
11/21
05:43
11/21/19
05:43
Hot Stocks
Breaking Hot Stocks news story on Charles Schwab, TD Ameritrade »

Charles Schwab drops 1%…

SCHW

Charles Schwab

$44.74

0.34 (0.77%)

AMTD

TD Ameritrade

$41.39

0.74 (1.82%)

03/08/13
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03/06/13
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03/06/13
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AMTD

TD Ameritrade

$41.39

0.74 (1.82%)

, SCHW

Charles Schwab

$44.74

0.34 (0.77%)

05:42
11/21/19
11/21
05:42
11/21/19
05:42
Hot Stocks
Breaking Hot Stocks news story on TD Ameritrade, Charles Schwab »

TD Ameritrade jumps 13%…

AMTD

TD Ameritrade

$41.39

0.74 (1.82%)

SCHW

Charles Schwab

$44.74

0.34 (0.77%)

03/08/13
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03/08/13
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03/06/13
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AMTD

TD Ameritrade

$41.39

0.74 (1.82%)

, SCHW

Charles Schwab

$44.74

0.34 (0.77%)

05:41
11/21/19
11/21
05:41
11/21/19
05:41
Periodicals
Charles Schwab in talks to acquire TD Ameritrade, CNBC reports »

Charles Schwab (SCHW) is…

AMTD

TD Ameritrade

$41.39

0.74 (1.82%)

SCHW

Charles Schwab

$44.74

0.34 (0.77%)

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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RH

RH

$189.85

7.64 (4.19%)

05:40
11/21/19
11/21
05:40
11/21/19
05:40
Downgrade
RH rating change  »

RH downgraded to Hold…

03/08/13
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MGNX

MacroGenics

$8.62

-0.03 (-0.35%)

05:39
11/21/19
11/21
05:39
11/21/19
05:39
Downgrade
MacroGenics rating change  »

MacroGenics downgraded to…

03/08/13
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  • 07

    Dec

  • 09

    Dec

HARP

Harpoon Therapeutics

$14.50

-0.22 (-1.49%)

, ABBV

AbbVie

$87.20

-1.82 (-2.04%)

05:38
11/21/19
11/21
05:38
11/21/19
05:38
Hot Stocks
Harpoon Therapeutics, AbbVie announce licensing, option collaboration »

Harpoon Therapeutics…

HARP

Harpoon Therapeutics

$14.50

-0.22 (-1.49%)

ABBV

AbbVie

$87.20

-1.82 (-2.04%)

03/08/13
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  • 04

    Dec

  • 07

    Dec

THDDY

TV Asahi

$0.00

(0.00%)

05:38
11/21/19
11/21
05:38
11/21/19
05:38
Downgrade
TV Asahi rating change  »

TV Asahi downgraded to…

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NTDOY

Nintendo

$0.00

(0.00%)

05:37
11/21/19
11/21
05:37
11/21/19
05:37
Downgrade
Nintendo rating change  »

Nintendo downgraded to…

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BZUN

Baozun

$43.49

-0.33 (-0.75%)

05:36
11/21/19
11/21
05:36
11/21/19
05:36
Earnings
Breaking Earnings news story on Baozun »

Baozun sees Q4 revenue…

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  • 21

    Nov

SGSOY

SGS SA

$0.00

(0.00%)

05:36
11/21/19
11/21
05:36
11/21/19
05:36
Upgrade
SGS SA rating change  »

SGS SA upgraded to Sector…

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BZUN

Baozun

$43.49

-0.33 (-0.75%)

05:35
11/21/19
11/21
05:35
11/21/19
05:35
Earnings
Baozun reports Q3 EPS 14c, consensus 14c »

Reports Q3 revenue…

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  • 21

    Nov

FUJHY

Subaru

$0.00

(0.00%)

05:35
11/21/19
11/21
05:35
11/21/19
05:35
Downgrade
Subaru rating change  »

Subaru downgraded to…

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DELL

Dell Technologies

$55.27

-0.98 (-1.74%)

05:34
11/21/19
11/21
05:34
11/21/19
05:34
Initiation
Dell Technologies initiated  »

Dell Technologies…

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  • 21

    Nov

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    Nov

  • 09

    Dec

  • 09

    Dec

PCG

PG&E

$7.14

0.29 (4.23%)

05:34
11/21/19
11/21
05:34
11/21/19
05:34
Hot Stocks
PG&E begins restoring power in Napa, Sonoma counties »

As of 7 p.m., Pacific Gas…

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  • 07

    Jan

DRTGF

Dart Group

$0.00

(0.00%)

05:33
11/21/19
11/21
05:33
11/21/19
05:33
Upgrade
Dart Group rating change  »

Dart Group upgraded to…

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CEL

Cellcom Israel

$2.91

-0.06 (-2.02%)

05:32
11/21/19
11/21
05:32
11/21/19
05:32
Hot Stocks
Cellcom Israel announces purported class action filed against the company »

Cellcom Israel announced…

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  • 27

    Nov

TPDKY

Topdanmark

$0.00

(0.00%)

05:31
11/21/19
11/21
05:31
11/21/19
05:31
Upgrade
Topdanmark rating change  »

Topdanmark upgraded to…

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GOGL

Golden Ocean

$5.40

0.025 (0.47%)

05:31
11/21/19
11/21
05:31
11/21/19
05:31
Hot Stocks
Golden Ocean announces CEO resignation, chairman Ola Lorentzon named interim CEO »

Golden Ocean announced…

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  • 21

    Nov

05:30
11/21/19
11/21
05:30
11/21/19
05:30
General news
Bond markets erase gains, »

Bond markets erase gains,…

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