Genpact Limited (NYSE: G), Fifth Third Bancorp (NASDAQ: FITB), FleetCor Technologies (NYSE: FLT), CommonWealth REIT (NYSE: CWH), DexCom (NASDAQ: DXCM) and General Motors (NYSE: GM) ratings and price targets.
Fifth Third Bancorp (FITB) had its “Neutral” rating reiterated by Zacks Investment Research. They have a price target of $15.00 on the company.
FleetCor Technologies (FLT) had its “Neutral” rating reiterated by Goldman Sachs (NYSE:GS).
Genpact Limited (G) had its “Neutral” rating reiterated by Goldman Sachs.
CommonWealth REIT (CWH) had its price target lowered by RBC Capital from $20.00 to $18.00. They have a “Sector Perform” rating on the company.
DexCom (DXCM) was downgraded by MLV & Co from a “Buy” rating to a “Hold” rating. They have a price target of $9.00 on the company.
General Motors (GM) was upgraded by Piper Jaffray (NYSE:PJC) from a “Neutral” rating to an “Overweight” rating.
Thursday, January 12, 2012
Genpact (G) (FITB) (FLT) (CWH) (DXCM) (GM) Ratings, Price Targets
Wednesday, January 11, 2012
General Motors (GM) (ACN) (RL) (TROW) (SWN) (SUMR) Ratings, Price Targets
General Motors (NYSE:GM), Accenture (NYSE:ACN), Polo Ralph Lauren (NYSE:RL), T. Rowe Price (NASDAQ:TROW), Southwestern Energy (NYSE:SWN) and Summer Infant (NASDAQ:SUMR) ratings and price targets.
General Motors (GM) wass upgraded by Piper Jaffray (NYSE:PJC) from a "Neutral" rating to an "Overweight" rating.
Accenture (ACN) wass upgraded by Bernstein from a "Market Perform" rating to an "Outperform" rating.
Polo Ralph Lauren (RL) was downgraded by Wells Fargo (NYSE:WFC) from an "Outperform" rating to a "Market Perform" rating.
T. Rowe Price (TROW) was downgraded by Ticonderoga from a "Buy" rating to a "Neutral" rating.
Southwestern Energy (SWN) was downgraded by Robert Baird from an "Outperform" rating to a "Neutral" rating. They have a price target of $39.00 on the company.
Summer Infant (SUMR) was downgraded by Wedbush from an "Outperform" rating to a "Neutral" rating.
Thursday, January 5, 2012
Tesco (TESO) (TTWO) (UNTK) (TIVO) (FDO) (GM) Ratings, Price Targets
Tesco Co. (NASDAQ: TESO), Take-Two (NASDAQ: TTWO), UniTek Global Services Inc. (NASDAQ: UNTK), TiVo Inc. (NASDAQ: TIVO), Family Dollar Stores, Inc. (NYSE: FDO) and General Motors (NYSE: GM) ratings and price targets.
Tesco Co. (TESO) was upgraded by Global Hunter Securities from an “accumulate” rating to a “buy” rating. They have a price target of $19.00 on the firm.
Take-Two (TTWO) was upgraded by MKM Partners from a “neutral” rating to a “buy” rating. They have a price target of $20.00 on the firm, up from $16.00.
UniTek Global Services Inc. (UNTK) was upgraded by KeyBanc from a “hold” rating to a “buy” rating. They have a $8.00 price target on the firm.
TiVo Inc. (TIVO) had its “buy” rating reiterated by Brean Murray Carret & Co.
Family Dollar Stores, Inc. (FDO) had its “neutral” rating reiterated by analysts at Nomura (NYSE:NMR).
General Motors (GM) had its “overweight” rating reiterated by JPMorgan Chase & Co. (NYSE:JPM).
Friday, December 30, 2011
Ford (F) Says Brand Sales Surpass 2 Million
According to Ford Motor (NYSE:F) sales analyst Erich Merkle, Ford brand vehicle sales surpassed the 2 million mark in the U.S. for 2011.
The company added that utility vehicles are poised for a 30 percent increase in sales, while Ford's smaller cars are on track for a 20 percent gain.
In 2010, Ford sold just over 1.9 million cars in the U.S. Brand sales were up close to 18 percent through November.
J.D. Power noted that overall auto sales in the United States are on pace to top $13 million.
For 2011, Ford holds a market share in the U.S. of close to 17 percent, making them the No. 2 automaker in the market. General Motors (NYSE:GM), with the help of the government, is No. 1 in sales, holding a 20 percent market share.
As of November, the Ford brand sold 1.86 million new vehicles in the U.S. market. After that was GM's Chevrolet brand at 1.61 million, Toyota Motor Corp's (NYSE:TM) Toyota brand at 1.29 million and Honda Motor Co's (NYSE:HMC) Honda brand at 0.93 million.
Ford was trading at $10.74, gaining $0.06, or 0.61 percent, as of 1:21 PM EST.
Wednesday, December 28, 2011
Ford (F) (GM) (TM) (HMC) Drop on U.S. Slowdown Concerns
Ford (F), General Motors (GM), Toyota (TM) and Honda (HMC) all closed down on Tuesday on concerns over the probable slowing of car sales in the U.S., and most likely Europe as well.
Some of this came from data released by The Conference Board, which show less than 10 percent of consumers surveyed saying they planned on acquiring a car in the next 6 months.
That could be devastating, as many people buy cars in the U.S. during tax season. If the auto industry is slow over the next six months, it doesn't bode well for the rest of 2012.
The European market is also very suspect in 2012 in light of the ongoing sovereign debt crisis in the region.
Honda closed Tuesday at $29.84, falling $0.42, or 1.39 percent. Toyota closed at $64.36, down $0.59, or 0.91 percent. General Motors ended the session at $20.09, declining $0.41, or 2 percent. Ford closed at $10.81, falling $0.14, or 1.28 percent.
Thursday, December 22, 2011
Hubbell (HUB-B) (GM) (HP) (NLNK) (PACD) (JCI) Get New Coverage
Hubbell Inc. (NASDAQ: HUB-B), General Motors (NYSE: GM), Helmerich & Payne (NYSE: HP), Newlink Genetics (NASDAQ: NLNK), Pacific Drilling (NASDAQ: PACD) and Johnson Controls, Inc. (NYSE: JCI) getting new coverage from analysts.
Sterne Agee initiated coverage on General Motors (GM). They placed a “Buy” rating and a price target of $36.00 on the company.
Johnson Rice initiated coverage on Helmerich & Payne (HP). They placed an “Overweight” rating on the company.
JMP Securities initiated coverage on Hubbell Inc. (HUB-B). They placed a “Market Perform” rating on the company.
Stifel Nicolaus initiated coverage on Newlink Genetics (NLNK). They placed a “Buy” rating and a price target of $16.00 on the company.
Morgan Stanley (NYSE:MS) initiated coverage on Pacific Drilling (PACD). They placed an “Overweight” rating on the company.
Capstone initiated coverage on Johnson Controls, Inc. (JCI). They placed an “Outperform” rating on the company.
Tuesday, December 6, 2011
Questcor (QCOR) (RAX) (SNDK) (GM) (HITT) (HOLX) Get New Coverage
Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR), Rackspace Hosting, Inc. (NYSE: RAX), SanDisk Co. (NASDAQ: SNDK), General Motors (NYSE: GM), Hittite Microwave (NASDAQ: HITT) and Hologic, Inc. (NASDAQ: HOLX) getting new coverage from analysts.
Ladenburg Thalmann initiated coverage on Questcor Pharmaceuticals, Inc. (QCOR). They placed a “buy” rating and a price target of $51.00 on the company.
Collins Stewart initiated coverage on Rackspace Hosting, Inc. (RAX). They placed a “Neutral” rating and a price target of $43.00 on the company.
Nomura initiated coverage on SanDisk Co. (SNDK). They placed a “Buy” rating on the company.
Piper Jaffray (NYSE:PJC) initiated coverage on General Motors (GM). They placed a “Neutral” rating on the company.
Goldman Sachs (NYSE:GS) initiated coverage on Hittite Microwave (HITT). They placed a “Neutral” rating on the company.
Needham & Company initiated coverage on Hologic, Inc. (HOLX). They placed a “Buy” rating and a price target of $22.00 on the company.
Friday, November 11, 2011
Kohls (KSS) (GM) (BDX) (ADBE) Ratings, Price Targets
Kohls Corp. (NYSE: KSS), General Motors (NYSE: GM), Becton Dickinson And Co. (NYSE: BDX) and Adobe Systems (NASDAQ: ADBE) price targets and ratings reiterations.
Piper Jaffray (NYSE:PJC) reiterated its “Overweight” rating on Kohls Corp. (KSS).
General Motors (GM) had its price target lowered by Deutsche Bank (NYSE:DB) to $30.00.
Goldman Sachs (NYSE:GS) reiterated its “Neutral” rating on Becton Dickinson And Co. (BDX). They have a price target of $71.00 on the company.
Deutsche Bank reiterated its “Buy” rating on Adobe Systems (ADBE). They have a price target of $35.00 on the company.
Friday, August 19, 2011
Parkway (PKY) (GM) (IRF) (JDSU) (PBR) (LEA) (NWL) Price Targets Changed
Parkway Properties (NYSE: PKY), General Motors (NYSE: GM), International Rectifier (NYSE: IRF), JDS Uniphase Co. (NASDAQ: JDSU), Petroleo Brasileiro SA (NYSE: PBR), Lear Co. (NYSE: LEA) and Newell Rubbermaid (NYSE: NWL) price targets adjusted by analysts.
Parkway Properties (PKY) had its price target lowered by Robert W. Baird from $19.00 to $16.00. They have a “Neutral” rating on the company.
General Motors (GM) had its price target lowered by Barclays Capital from $40.00 to $38.00. They have an “Overweight” rating on the company.
International Rectifier (IRF) had its price target lowered by FBR Capital from $34.00 to $31.00. They have an “Outperform” rating on the company.
JDS Uniphase Co. (JDSU) had its price target lowered by Stifel Nicolaus from $28.00 to $23.00. They have a “Buy” rating on the company.
Petroleo Brasileiro SA (PBR) had its price target lowered by Barclays Capital from $53.00 to $43.00. They have an “Overweight” rating on the company.
Lear Co. (LEA) had its price target lowered by Barclays Capital from $67.00 to $64.00. They have an “Overweight” rating on the company.
Newell Rubbermaid (NWL) had its price target lowered by Citigroup (NYSE:C) to $18.00. They have a “Buy” rating on the company.
Tuesday, August 16, 2011
Tyson (TSN) (GM) (TPCG) (IBM) (PNM) (SEE) (SUN) (SYK) Upgraded
Tyson Foods, Inc. (NYSE: TSN), General Motors (NYSE: GM), TPC Group, Inc. (NASDAQ: TPCG), IBM (NYSE: IBM), PNM Resources, Inc. (NYSE: PNM), Sealed Air Corp. (NYSE: SEE), Sunoco Incorporated (NYSE: SUN) and Stryker (NYSE: SYK) upgraded by analysts.
Tyson Foods, Inc. (TSN) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating.
General Motors (GM) was upgraded by Ticonderoga from a “Neutral” rating to a “Buy” rating. They have a price target of $42.00 on the company.
TPC Group, Inc. (TPCG) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.
IBM (IBM) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating. They have a price target of $195.00 on the company.
PNM Resources, Inc. (PNM) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $16.00 on the company, up from $15.00.
Sealed Air Corp. (SEE) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating. They cited valuation as the catalyst behind the call.
Sunoco Incorporated (SUN) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.
Stryker (SYK) was upgraded by Rodman & Renshaw from a “Market Perform” rating to an “Outperform” rating. They have a price target of $56.00 on the company.
Thursday, August 11, 2011
SunPower (SPWRA) (DIS) (GM) (ACAS) (BWC) (CTL) (HUM) (MYGN) EPS Estimates Changed
SunPower Co. (NASDAQ: SPWRA), Walt Disney (NYSE: DIS), General Motors (NYSE: GM), American Capital (NASDAQ: ACAS), Babcock & Wilcox Co. (NYSE: BWC), CenturyLink, Inc. (NYSE: CTL), Humana (NYSE: HUM) and Myriad Genetics (NASDAQ: MYGN) EPS estimates adjusted.
Citigroup (NYSE:C) slashed it EPS estimates on SunPower Co. (SPWRA). They have a “Hold” rating and a price targe of $16.50 on the company.
UBS AG (NYSE:UBS) lowered its EPS estimates on Walt Disney (DIS). They have a “Neutral” rating and a price target of $42.00 on the company.
Citigroup boosted its EPS estimates on General Motors (GM). They have a “Buy” rating and a price target $48.00 on the company.
UBS AG cut its EPS estimates on American Capital (ACAS). They have a “Buy” rating on the company.
JPMorgan Chase & Co. (NYSE:JPM) lowered its EPS estimates on Babcock & Wilcox Co. (BWC). They have a “Neutral” rating and a price target of $28.00 on the company.
UBS AG lowered its EPS estimates on CenturyLink, Inc. (NYSE: CTL). They have a “Buy” rating and a price target of $47.00 on the company.
Morgan Stanley (NYSE:MS) raised its EPS estimates on Humana (HUM). They have an “Equal Weight” rating on the company.
Goldman Sachs (NYSE:GS) cut its EPS estimates on Myriad Genetics (MYGN). They have a “Sell” rating and a price target of $18.00 on the company.
Monday, August 8, 2011
Kraft (KFT) (AIG) (ANR) (CAH) (GM) (HANS) (VC) EPS Estimates Changed
Kraft Foods Inc. (NYSE: KFT), American International Group, Inc. (NYSE: AIG), Alpha Natural Resources (NYSE: ANR), Cardinal Health (NYSE: CAH), General Motors (NYSE: GM), Hansen Natural Co. (NASDAQ: HANS) and Visteon Co. (NYSE: VC) EPS estimates adjusted by analysts.
Credit Suisse raised its EPS estimates on Kraft Foods Inc. (KFT). They have an “Outperform” rating and a price target of $41.00 on the company.
UBS AG (NYSE:UBS) lowered its EPS estimates on American International Group, Inc. (AIG). They have a “Neutral” rating and a price target of $30.00 on the company.
Credit Suisse (NYSE:CS) cut its EPS estimates on Alpha Natural Resources (ANR). They have a “Neutral” rating and a price target of $40.00 on the company.
UBS AG boosted its EPS estimates on Cardinal Health (CAH). They have a “Buy” rating and a price target of $51.00 on the company.
UBS AG raised its EPS estimates on General Motors (GM). They have a “Buy” rating and a price target of $42.00 on the company.
UBS AG raised its EPS estimates on Hansen Natural Co. (HANS). They have a “Buy” rating and a price target of $90.00 on the company.
UBS AG raised its EPS estimates on Visteon Co. (VC). They have a “Buy” rating and a price target of $88.00 on the company.
Friday, May 6, 2011
EPS on (DMD) (EL) (GM) (HANS) (HUN) Updated
EPS estimates on Demand Media Inc. (NYSE: DMD), Estee Lauder Companies Inc (NYSE: EL), General Motors (NYSE: GM), Hansen Natural Co. (NASDAQ: HANS) and Huntsman Co. (NYSE: HUN) updated by analysts today.
Goldman Sachs (NYSE:GS) cut their EPS estimates on Demand Media Inc. (DMD). They now have a “neutral” rating and a price target of $21.00 on the company.
Goldman Sachs raised their EPS estimates on Estee Lauder Companies Inc (EL). They have a “neutral” rating and a price target of $100.00 on the company.
Goldman Sachs raised their EPS estimates on General Motors (GM). They have a “buy” rating and a price target of $43.00 on the company.
UBS AG (NYSE:UBS) raised their EPS estimates on Hansen Natural Co. (HANS). They have a “buy” rating and a price target of $75.00 on the company.
UBS AG raised their EPS estimates on Huntsman Co. (HUN). They have a “buy” rating and a price target of $23.00 on the company.
Tuesday, May 3, 2011
Shares of (PCS) (BAC) (JPM) (AVP) (MA) (GM) Jump Today
Shares of MetroPCS Communications (NYSE:PCS), Bank of America (NYSE:BAC), J.P. Morgan Chase (NYSE:JPM), Alcoa (NYSE:AA), Mastercard (NYSE:MA), Avon Products (NYSE:AVP) and General Motors (NYSE:GM) all pushing up today.
A report from MetroPCS Communications set the tone, as it reported that earnings in the first quarter had more than doubled over the same quarter last year. That helped push up shares of Verizon (NYSE:VZ) and AT&T (NYSE:T), as new customer additions broke a quarterly record at the company.
Financials were also moving up today, with banking giants Bank of America, JPMorgan, Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) all trading positive.
Mastercard jumped on revenue and earnings surpassing expectations for the latest quarter. Profits were up 24 percent year-over-year.
General Motors (GM) got a bump from the 26 percent increase in vehicle sales in April, although that didn't help major competitors like Ford Motor (NYSE:F) or Toyota (NYSE:TM), which were trading down.
Continual but unlikely rumors that Rio Tinto (NYSE:RIO) is looking to acquire Alcoa (NYSE:AA) pushed the share price of the aluminum producer up, up over 3 percent at one point, although pulling back as the day has gone on.
Avon Product soared 5 percent, and has held throughout the day, as the company's earnings in the first quarter were more than triple over last year in the same quarter, while margins improved.
Ratings on (FE) (GM) (HERO) (ONB) Upgraded by Analysts
Ratings on FirstEnergy Corp. (NYSE: FE), General Motors (NYSE: GM), Hercules Offshore, Inc. (NASDAQ: HERO) and Old National Bancorp (NYSE: ONB) were upgraded today by analysts.
Bank of America (NYSE:BAC) upgraded FirstEnergy Corp. (FE) to a “neutral” rating. They have a price target of $42.00 on the company.
UBS AG (NYSE:UBS) upgraded General Motors (GM) from a “neutral” rating to a “buy” rating. They have a price target of $42.00 on the company.
FBR Capital upgraded Hercules Offshore, Inc. (HERO) from an “underperform” rating to an “outperform” rating. They have a price target of $8.50 on the company.
SunTrust (NYSE:STI) upgraded Old National Bancorp (ONB) from a “neutral” rating to a “buy” rating.
Monday, April 25, 2011
Barclays Likes Lear (LEA) (JCI) (TEN) (DAN) in Auto Parts Sector
Barclays (NYSE:BCS) analyst Brian Johnson recommends buying shares of Ford (NYSE:F) and General Motors (NYSE:GM) as the stock price of both companies have fallen over 14 percent recently, but he also likes the auto parts sector, eyeing companies like Dana Holding (NYSE:DAN), Johnson Controls (NYSE:JCI), Lear Corp. (NYSE:LEA) and Tenneco (NYSE:TEN).
Of particular note for the parts industry is the commercial truck segment, where things are taking off because orders have come back strong.
As for auto sales, the reason Johnson is bullish there is from price increases on vehicles from the manufacturers, Turbo Ecoboost technology from Ford, and production estimates are probably understated.
Tenneco closed Thursday at $43.60, gaining $0.30, or 0.69 percent. Lear Corporation ended the day at $48.97, rising $0.74, or 1.53 percent. Johnson Controls closed the session at $40.73, up $0.60, or 1.50 percent. Dana Holding closed at $18.33, increasing $0.51, or 2.86 percent.
Wednesday, April 20, 2011
Toyota (TM) Slowing or Cutting Production Everywhere
Parts shortage from the earthquake and tsunami in Japan continues to hurt the auto sector, with Toyota (NYSE:TM) probably experiencing the worst of the damage, as parts shortages are resulting in its having to shut or cut back on production across the globe, with Europe and China being the latest added to the list.
On Tuesday Toyota said it will extend its production cuts at its factories in North America to the early part of June, suggesting shortages of models at Toyota dealerships.
In Europe there will be an eight-day halt in production for the same reasons.
The automaker added China will also experience a reduction in production from a lack of some parts. China factories will run at about 50 percent capacity through June 5.
Domestically, Toyota resumed car production at all of its plants in on Monday, but they will run at half capacity as well because of parts shortages.
Ford (NYSE:F), General Motors (NYSE:GM), Honda (NYSE:HMC) and Nissan have also said they're cutting back to one level or another at a number of their plants.
Toyota was trading at $77.09, up $0.97, or 1.27 percent, as of 2:21 PM EDT.
Tuesday, April 19, 2011
Supply Chain Disrupts (AAPL) (HOG) (GM) (INTC) (TXN), Others
Companies across a wide range of sectors are being disrupted by the parts shortage coming from the consequences of the earthquake in Japan, including Apple (NASDAQ:AAPL), Harley-Davidson Inc (NYSE:HOG), General Motors (NYSE:GM), Texas Instruments (NYSE:TXN) and Intel (NASDAQ:INTC).
Then by extension, a company like Sirius XM (NASDAQ:SIRI), which relies on the performance of the auto industry for growth and sustainability, are adversely affected by lower production levels and sales. And this can be looked at for any company that has an indirect connection to the shortages of parts.
Bryan Keane, equity analyst for the Alpine Mutual Funds noted, "It's cross-sector. Electronics are used in so many areas. It has the potential to be very wide-ranging. To some extent, it's going to affect everyone. Even if your direct supplier isn't impacted, your supplier could get their materials from someone in Japan."
"The big issue is that even if everything now is under control in Japan, they've lost a big portion of their power," said Keane. "Even if they get the big factories up and running, how often are they going to be able to run them?"
In other words, there continues to be enormous uncertainty as to how all of this will impact business around the world, and there is little in the way of a road map as to what to expect.
As for semiconductors, Japan accounts for about 20 percent of the world's supply.
The length, width and depth of the disruptions are still yet to be discovered, and it appears only time will tell, as it seems the companies themselves have no idea, or at least they aren't talking.
Guidance as the earnings season unfolds should give a clearer look at the extent of the damage.
Morgan Stanley (MS) Sees Ford (F) (GM) (TM) (HMC) Production Falling
Morgan Stanley (NYSE:MS) said it has reduced its 2011 vehicle production forecast by about 10 percent from last year, as auto makers like Ford (NYSE:F), General Motors (NYSE:GM), Toyota (NYSE:TM) and Honda (NYSE:HMC), among others, will definitely be negatively affected by the disasters in Japan.
The bank said the temporary shutdowns and slowdowns will probably affect the results of the second and third quarters.
Auto production in the U.S. is estimated to fall from 14 million units in prior projections to 12.4 million vehicles for the year. That is instead of the former expected growth of about 12 percent for the industry in America.
Specific estimates for individual automakers haven't been made yet, as the impact from the disaster is still largely unknown that specifically on each company.
The largest effect will probably be margins and earnings pressure, along with one-time charges.
Ford was trading at $14.60, down $0.02, or 0.17 percent, as of 12:00 PM EDT. General Motors was at $29.30, falling $0.67, or 2.24 percent. Toyota was trading at $76.03, dropping $1.22, or 1.58 percent. Honda was at $35.66, losing $0.02, or 0.06 percent.
GM (GM) Raising Vehicle Prices on Rising Costs
With the price of oil and metal rising, General Motors (NYSE:GM) said it is going to raise the price of its cars and trucks by an average of $123 a vehicle, joining major competitors Ford (NYSE:F) and Toyota (NYSE:TM), which have already done the same.
This shows the rising price of oil in particular is starting to weight on the industry and have a potentially detrimental impact on sales as the companies protect margins and earnings in light of the need to offer discounts to generate sales in the ongoing weak U.S. economy.
GM said the price increases will affect almost all Buick, Chevrolet, Cadillac and GMC models, and will go into effect in the American market on May 2. Only the U.S. market will have prices increased at this time.
According to the Labor Department, the Producer Price Index increased 0.7 percent in March, and has soared 5.8 percent over the last 12 months.
General Motors closed Monday at $29.97, falling $0.27, or 0.89 percent.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)