Joseph Spak

Lear Corporation (NYSE: LEA) pre-announced disappointing second-quarter results Tuesday and lowered its full-year guidance. While the downward guidance revision was unsurprising, the extent to which it was lowered was — and it came due to margin pressure in the E-Systems segment,...

After a brutal start to 2019, Tesla Inc (NASDAQ: TSLA) helped ease investor concerns on Tuesday when the company reported 95,200 vehicle deliveries in the second quarter, slightly above the midpoint of its guidance range and well above consensus Wall Street expectations. Tesla had previously guided...

After telling investors repeatedly throughout 2018 that the company would not need to raise additional capital, Tesla Inc (NASDAQ: TSLA) announced last week it would be raising approximately $2.3 billion in capital. In a conference call with investors, CEO Elon Musk said Tesla’s driverless...

Tesla, Inc. (NASDAQ: TSLA) received more bad news Monday when a pair of analysts became the latest to lower price targets for the struggling stock. The Analysts RBC analyst Joseph Spak reiterated his Underperform rating and cut his price target from $245 to $210. JMP analyst Joseph Osha reiterated...

Tesla, Inc. (NASDAQ: TSLA) suffered another rough day of trading Wednesday after a horrible start to 2019, pushing the stock to its lowest level in three months. Einhorn Piles On In addition to the negative commentary from analysts, Greenlight Capital’s David Einhorn, who has been a longtime...

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...

RBC Capital Markets watches the auto race from the sidelines. The research firm has a Hold on General Motors Company (NYSE: GM), the most likeable automaker on the Street, and a Hold on Tesla Inc (NASDAQ: TSLA), which some consider the industry frontrunner. On Monday, it slapped the same rating on...

Polaris Industries Inc. (NYSE: PII)'s stock is higher by 17 percent since the start of 2017 and trading near the $100 per share level — a price that analysts at RBC Capital Markets can't defend. The firm's Joseph Spak downgraded Polaris from Sector Perform to Underperform with an unchanged $...

Tesla Inc (NASDAQ: TSLA) is on track to commence limited production of the Model 3 in July. With increased confidence in the model ramp and the company reaching profitability, RBC Capital Markets’ Joseph Spak said in a report. Spak maintains a Sector Perform rating on the company, while...

RBC Capital Markets has upgraded Ford Motor Company (NYSE: F) from Sector Perform to Outperform and believes Ford and rival General Motors Company (NYSE: GM) could have the makings of a solid pair trade. According to analyst Joseph Spak, Ford has a number of positive catalysts ahead, especially...

RBC Capital’s Joseph Spak expressed concern regarding the tough industry demand environment, as well as Harley-Davidson Inc (NYSE: HOG) “overshipping and creating elevated dealer inventories that could take multiple quarters to resolve.” Spak downgraded the rating on the company...

RBC Capital Markets maintained its Sector Perform rating on Tesla Motors Inc (NASDAQ: TSLA) after CEO Elon Musk unveiled his "master plan" for the company. The 'Master Plan' In his plan, Musk "a) offers justification of the proposed SolarCity acquisition; b) talks about new transportation products...

American Axle & Manufact. Holdings, Inc. (NYSE: AXL) has been down roughly 12. percent since the United Kingdom voted to exit the European Union. As only 3 percent of American Axle's sales are reliant on Europe, experts, including RBC's Joseph Spak, believe such a large drop is unwarranted....

There is certainly plenty of autonomous vehicle technology to be excited about in coming years. However, according to RBC analyst Joseph Spak, bringing this type of advanced technology to the mass market may prove to be much more challenging than investors are anticipating. So far, Alphabet Inc...