Armintas Sinkevicius

The coronavirus (COVID-19) pandemic has sidelined the Big Three and forced them to cut near-term expenses. They’ve stalled factories, furloughed workers and sliced their marketing budgets. Now, they face a new choice: press forward with costly Auto 2.0 projects or push spending to 2021....

Tesla Inc (NASDAQ: TSLA) exceeded fourth-quarter earnings expectations with a $2.14 adjusted bottom line and $7.38 billion in revenue. Management closed the quarter with $6.3 billion in cash and $1 billion in free cash flow — $1.1 billion better than Morgan Stanley’s $100 million burn...

Tesla Inc (NASDAQ: TSLA) has had an incredible $300 run in just a few short months. Shares broke $400 in mid-December and soared to an all-time high of about $538 earlier this week. One team of analysts is cautious to buy into the market’s enthusiasm. The Rating Morgan Stanley analysts Adam...

It’s been over a year since Elon Musk foretold a $420 stock price, and Tesla Inc (NASDAQ: TSLA) has finally followed through. Here is what one of Tesla’s most critical analyst teams has to say about it. The Rating Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius maintained an...

Tesla Inc (NASDAQ: TSLA) skeptics are beginning to envision a path forward for the disruptive automaker. Morgan Stanley raised its bull-case price target, asserting that Tesla is “fundamentally overvalued, but strategically undervalued.” The Rating Analysts Adam Jonas and Armintas...

Ford Motor Company (NYSE: F) far exceeded first-quarter expectations. Its 44-cent bottom line beat a 26-cent estimate, with $37.24 billion in automotive revenue surging past a $37.08 billion forecast. The automaker earned praise from even the most cautious analysts. The Rating Morgan Stanley’...

Shares in online car retailer Carvana Co (NYSE: CVNA) have traded up recently, but sell-side analysts said Tuesday that investors may be buying without kicking the tires. The Analysts Morgan Stanley’s Armintas Sinkevicius reiterated an Underweight rating on Carvana with a $21 price target....

Ford Motor Company (NYSE: F) hyped investors last June by announcing a Volkswagen partnership. Now, that tie-up has become a drag. The Rating Morgan Stanley analysts Adam Jonas, Harald Hendrikse and Armintas Sinkevicius maintained an Equal-Weight rating on Ford with a $10 price target. The Thesis...

Amid eroding motorcycle demand, Harley-Davidson Inc (NYSE: HOG)’s embracing the electric future overturning the auto industry. But Morgan Stanley thinks the quiet, eco-friendly vision just doesn’t fit the chopper life. “Are we the only ones who really struggle with the concept of...

Tesla Inc (NASDAQ: TSLA)’s story was little changed by mixed fourth-quarter earnings. “We believe 4Q results and the 2019 outlook give something for bulls and bears to exercise their imaginations,” Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius wrote in a note....

In the auto scene's contentious race to the top, General Motors Company (NYSE: GM) has the edge on Ford Motor Company (NYSE: F), according to one analyst team. The Rating Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius maintained an Overweight on GM rating with a $44 price target....

If things go right for Hertz Global Holdings Inc (NYSE: HTZ), bulls could celebrate a $34 valuation. If things go wrong, bears are looking at a $2 stock, according to one analyst team. The Rating Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius maintained an Underweight rating on Hertz...

Tesla Inc (NASDAQ: TSLA) is known for its sharp volatility, and one group of analysts warned it could head toward two possible extremes — a bearish $97 or bullish $441. The Rating Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius maintained an Equal-Weight rating on Tesla with a $...