automotive

More than half of Ford Motor Company (NYSE: F) analysts have Holds on the stock — a fact that startled Jefferies into an upgrade. “Rarely have we seen an OEM generate so little passion,” the firm’s analysts said Tuesday. The Rating Jefferies’ Philippe Houchois and...

The expanding online marketplace for vehicles was assessed in a D.A. Davidson report released Tuesday. The Ratings D.A. Davidson’s Tom White initiated coverage on: CarGurus Inc (NASDAQ: CARG) with a Neutral rating and $41 price target; Cars.com Inc (NYSE: CARS) with a Buy rating and...

Cox Automotive expected last month to have seen 2.6-percent year-over-year and 22-percent sequential pops in auto deliveries. “March is the year’s first month that traditionally delivers high volumes and this March is no exception, with sales expected to increase nearly 300,000 units...

Ford Motor Company (NYSE: F) has finally shed light on its restructuring strategy, but its Thursday report inspired ambivalence in a newborn bull. The Rating Morgan Stanley analyst Adam Jonas, who double upgraded Ford on Wednesday, reiterated an Overweight rating with a $15 price target. The...

Online-only used card dealer Carvana Co (NYSE: CVNA) reported below-consensus fourth-quarter results and guidance after the close Tuesday. The Analyst BMO Capital Markets analyst Daniel Salmon downgraded Carvana from Outperform to Market Perform and lowered the price target from $23 to $15....

General Motors Company (NYSE: GM) has been tagged a disputed leader in autonomous and electric consumer vehicles, and the perspective is gathering momentum. The traditional automaker converted a bear to a bull Tuesday to tally its 13th Buy rating against eight Holds and three Sells. The Rating...

Is retail making a comeback? It may be too early to say, but analysts at Citi at the very least expect concerns to "subside in a meaningful way" in 2018. The Analyst Citi's Kate McShane and Geoffrey Small. The Thesis The tremendous growth of e-commerce and the rise of Amazon.com,...

Just two of five major auto manufacturers posted November beats, signaling a continued industry decline off 2016’s record sales. “Stronger-than-forecast November vehicle sales are due to a healthy economy, a confident consumer who is ready to buy and targeted incentives that help close...

Delphi Automotive PLC (NYSE: DLPH) confirmed last week an accelerated plan to spin off its two businesses into two different publicly traded entities, Aptiv PLC (the electronics business) and Delphi Technologies (the powertrain business). The Analyst Bank of America's John Murphy upgraded...

Elon Musk is spread pretty thin these days as he manages The Boring Company, SpaceX and Tesla Inc (NASDAQ: TSLA). In turn, Tesla’s spread pretty thin as it balances ventures in automotive manufacturing, solar energy and battery construction. As a Musk investor, it’s difficult to know...