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Sell-Side Analysts Respond To GE's Earnings Sell-Off
Monday, July 23, 2018 - 10:44am | 470Read More...General Electric Company (NYSE: GE) stock is down more than 5 percent since reporting its second-quarter earnings numbers last week. Analysts still see a tough road ahead for GE and its investors, but some are surprised at the severity of the sell-off. Argus Downgrade Argus analyst John Eade in a...
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Deutsche Bank Revisits Machinery Group After Tariffs, Macro Shifts
Monday, March 19, 2018 - 2:28pm | 492Read More...The Trump administration recently announced Section 232 Proclamation on imports, imposing a 25-percent duty on steel and a 10-percent tariff on aluminum imports. Against this backdrop and a number of other macro shifts on the back of global political news, Deutsche Bank revisited its thesis...
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Deutsche Bank: Deere Has A Clear Path To Outperformance
Monday, November 27, 2017 - 12:34pm | 427Read More...Much investor attention throughout the holiday season is focused on retail and e-commerce companies, but it may be a mistake to ignore activity in other sectors, such as the agriculture equipment space. The Analyst Deutsche Bank's Nicole DeBlase upgraded Deere & Company (NYSE: DE)'s...
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Q3 Earnings Season: What We Know So Far
Saturday, October 28, 2017 - 10:59am | 848Read More...The third-quarter reporting season is in full swing, with several high-profile companies having already released results. At the outset, the earnings momentum appears to be intact. Releasing its half-time report on the third-quarter earnings of machinery companies, Deutsche Bank Securities analysts...
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Deutsche Downshifts Allison Transmission Rating To Sell
Tuesday, September 5, 2017 - 11:27am | 516Read More...Shares of Allison Transmission Holdings Inc (NYSE: ALSN) fell 3 percent Tuesday morning after analysts at Deutsche Bank turned sour on the stock. The firm's Nicole DeBlase downgraded Allison Transmission's stock rating from Hold to Sell with a price target slashed from $43 to $33 as the...
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Oshkosh Lacks Near-Term Catalysts, Says Deutsche Bank
Wednesday, January 4, 2017 - 1:18pm | 301Read More...Because Oshkosh Corp (NYSE: OSK) has already nearly capped its forecast growth capacity, Deutsche Bank downgraded its rating to a Hold with a decreased price target of $71. Downgrade Justification Analyst Nicole DeBlase could not point to immediate growth catalysts for the particular company, but...
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Caterpillar: Why No One Cares About 2017
Friday, December 2, 2016 - 11:31am | 250Read More...Following the publication of presentation slides at the Credit Suisse Industrial Conference on Thursday, shares of Caterpillar Inc. (NYSE: CAT) showed a knee-jerk reaction to comments referring to an estimated 2017 EPS of $3.25 as being “too optimistic.” The shares leveled off by the...
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Even After The Election Rally, Caterpillar Remains Deutsche Bank's Top Pick
Thursday, December 1, 2016 - 10:56am | 326Read More...Caterpillar Inc. (NYSE: CAT) remains the top pick for Deutsche Bank, despite recent election rally. The brokerage remains bullish over the company’s EPS growth potential of the construction and mining equipment maker. Analyst's Take “[W]e have very high conviction that EPS is reaching a...
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All Eyes On Guidance When Deere Reports Q4 Results
Tuesday, November 22, 2016 - 12:19pm | 326Read More...While Deutsche Bank’s Nicole DeBlase expects Deere & Company (NYSE: DE) to report its Q4 EPS in line with the consensus, the analyst believes that all eyes would be on the FY 2017 guidance. DeBlase maintains a Hold rating on the company, while lowering the price target from $95 to $92. Q4...
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Deutsche Bank Boosts Navistar Target From $14 To $21 Following Earnings
Friday, September 9, 2016 - 7:36am | 288Read More...Navistar International Corp (NYSE: NAV) reported its EPS short of expectations due to disappointing top-line and Truck profit results. Deutsche Bank’s Nicole DeBlase maintained a Hold rating on the company, while raising the price target from $14 to $21 to reflect the recently announced...
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Deutsche Bank Is Cautious On U.S. Machinery Sector, Sees 'No Recovery In Sight'
Thursday, September 8, 2016 - 8:04am | 358Read More...Deutsche Bank is cautious on the machinery sector in the United States. Analysts Nicole DeBlase and Saree Boroditsky don't see any recovery in sight in the natural resources segment, although they think the sector has bottomed. However, the brokerage picked up Caterpillar Inc. (NYSE: CAT) as the...
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Deutsche Bank Initiates Coverage On 17 U.S. Machinery Stocks
Wednesday, September 7, 2016 - 2:43pm | 596Read More...Deutsche Bank initiated its coverage on the U.S. machinery sector with a cautious view. Analysts Nicole DeBlase and Saree Boroditsky believe natural resource markets have bottomed. However, they expect the industry to record only low-single-digit organic growth until the year 2020. The brokerage...
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Oshkosh Is A Top Pick In U.S. Machinery Sector
Wednesday, September 7, 2016 - 10:17am | 375Read More...While Oshkosh Corp (NYSE: OSK) has outperformed its peers by 18 percentage points year-to-date driven by positive defense news, the stock trades in line with the peer group, despite the company’s superior growth profile. Deutsche Bank’s Nicole DeBlase initiated coverage of the company...
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Deutsche Bank Initiates CNH Industrial With Sell Rating
Wednesday, September 7, 2016 - 10:01am | 319Read More...Deutsche Bank has started coverage of CNH Industrial NV (NYSE: CNHI) with a Sell rating and price target of $6.38, as it sees 24 percent downside to 2017 consensus EPS estimate. The price target of $6.38 represents a potential downside of 13.55 percent over Tuesday's close of $7.38. The brokerage...
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Deutsche Bank Warns Of A Mid-Cycle Crisis Impacting Cummins
Wednesday, September 7, 2016 - 7:44am | 313Read More...Despite the contraction in Cummins Inc’s (NYSE: CMI) share of the NAFTA heavy-duty truck engine market, there seems to be potential for additional pressure over time, Deutsche Bank’s Nicole DeBlase said in a report. She initiated coverage of the company with a Sell rating and a price...
