cars

The bearish case for Advance Auto Parts, Inc. (NYSE: AAP) has come to an end after the company's second-quarter results came in better than expected, according to Citi. The Analyst Citi's Kate McShane upgraded Advance Auto Parts from Sell to Neutral. The Thesis Advance Auto Parts'...

Automobile seat maker Adient PLC (NYSE: ADNT)'s announcement Monday of a management shuffle and guidance cut makes it clear that prior expectations for a "quick fix of operational issues" have become a "multiyear turnaround story with greater risk," according to Baird. The...

Heading into CarMax, Inc (NYSE: KMX)'s fourth-quarter earnings report Wednesday, investors were likely expecting weak same-store unit comps — which the company delivered, along with an EPS miss. In the view of Buckingham Research Group, the bullish narrative for the used car retailer...

TrueCar Inc (NASDAQ: TRUE)'s stock has lost more than 10 percent since the start of 2018, but investors shouldn't consider the dip as a buying opportunity, according to JPMorgan. The Analyst JPMorgan's Doug Anmuth downgraded TrueCar's stock rating from Neutral to Underweight with...

Analysts at Oppenheimer assumed a "cautious" stance on CarMax, Inc (NYSE: KMX) in October, but three months later the firm is upgrading the stock.  The Analyst Oppenheimer's Brian Nagel upgraded CarMax's stock rating from Perform to Outperform with a price target boosted...

NQ Mobile Inc (ADR) (NYSE: NQ), a China-based global provider of mobile internet services, was highlighted by a Wall Street analyst as being the "next big thing" in areas like internet of vehicles, blockchain and smart cars. The Analyst Rosenblatt Securities' Jun Zhang...

Carvana Co (NYSE: CVNA) reported second-quarter earnings Tuesday that showed a slightly better-than-expected loss of 29 cents per share versus expectations of a 30 cent per share loss on on worse-than-expected revenue. Carvana confirmed it has secured $2 billion in financing from Ally...

Analysts at Oppenheimer no longer hold a bullish rating on CarMax, Inc (NYSE: KMX)'s stock after a nearly 45 percent return over the past year. The firm's Brian Nagel downgrades CarMax's stock rating from Outperform to Perform with an unchanged $80 price target (see Nagel's track record here)....

Analysts at Bank of America turned bullish on General Motors Company (NYSE: GM) as its management finally "gets it." The firm's John Murphy upgraded General Motors' stock rating from Neutral to Buy with a price target boosted from $40 to $57 (see Murphy's track record here). General Motors...