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Morgan Stanley: Ford Primed To Be 'Valuable Part Of Auto 2.0'
Tuesday, December 18, 2018 - 3:00pm | 470The Street’s has a little too much faith in Ford Motor Company (NYSE: F), according to one team of analysts. But despite “elevated execution and cyclical risk,” Ford’s prospects aren’t exactly grim. The Rating Morgan Stanley’s Adam Jonas, Armintas Sinkevicius and...
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7 Reasons Morgan Stanley Pulled Back On Ford
Friday, October 19, 2018 - 9:15am | 384Ford Motor Company (NYSE: F) is down 32.8 percent year-to-date, and Morgan Stanley doesn’t expect things to get any better. The Rating Analysts Adam Jonas and Armintas Sinkevicius downgraded Ford to Equal-Weight and cut their price target from $14 to $10. The Thesis The analysts had upgraded...
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Morgan Stanley: Tesla's Next 5 Phases
Tuesday, September 18, 2018 - 9:44am | 505Tesla Inc (NASDAQ: TSLA)’s volatile price may be hard to pin down. One analyst pair linked it Tuesday to five fluid factors that, depending on circumstances, could swing shares between $97 and $441. The Analyst Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius...
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Deflated: 3 Reasons Why Morgan Stanley Turned Neutral On Goodyear
Monday, August 13, 2018 - 10:04am | 424The long-term growth projections for Goodyear Tire & Rubber Company (NASDAQ: GT) remain steady, but do little to impact the stock in the next 12 months, according to Morgan Stanley. The Analyst Morgan Stanley analyst Armintas Sinkevicius downgraded Goodyear from Overweight to...
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Morgan Stanley Raises Tesla Estimates After Earnings Analysis
Tuesday, August 7, 2018 - 12:49pm | 481Tesla Inc (NASDAQ: TSLA)’s second-quarter cash performance and year-end outlook came in better than Morgan Stanley had expected. The metrics prompted sharp adjustments to forecasts. The Rating Analysts Adam Jonas and Armintas Sinkevicius maintained an Equal-Weight rating on Tesla with a $291...
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3 Reasons Why Ferrari Snagged An Upgrade From Morgan Stanley
Thursday, August 2, 2018 - 3:29pm | 355Despite reporting top- and bottom-line consensus beats, Ferrari NV (NYSE: RACE) fell as much as 13 percent Wednesday after its CEO called 2022 targets “aspirational.” Given a night to mull the stock’s prospects, both the Street and Morgan Stanley came out slightly more bullish...
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Auto Supplier Pair Trade: Buy Lear, Sell Adient
Tuesday, July 31, 2018 - 10:12am | 483The auto industry has fallen on challenging times as raw materials face heavy trade barriers, component demand evolves to fit next-gen models and vehicle sales decline. In this environment, some suppliers are better positioned than others to emerge undented. The Analyst Morgan Stanley analyst...
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Morgan Stanley Isn't Buying Tesla's Claims For Profitability, Positive Cash Flow, China Prospects
Thursday, June 7, 2018 - 11:36am | 388Tesla Inc (NASDAQ: TSLA)’s investor day drove a $5-billion market cap pop, but the passionate promises of CEO Elon Musk did not alleviate all of the Street's skepticism. The Rating Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius maintained an Equal-weight rating on...
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Morgan Stanley Revisits Auto OEMs, Says Fiat Chrysler Has 'Strategic Potential,' Ford 'Out Of Favor'
Thursday, May 24, 2018 - 9:29am | 615Ford Motor Company (NYSE: F) is undergoing a major shift from passenger cars, Tesla Inc (NASDAQ: TSLA)’s recovering from even more Model 3 setbacks and Fiat Chrysler Automobiles NV (NYSE: FCAU)’s at the center of an emissions scandal. It’s a busy season for automakers. Here...
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Morgan Stanley Slices Tesla Price Target, Increases Capital Raise Estimate
Tuesday, May 15, 2018 - 8:31am | 313Amid top-level reorganization, cash consumption and manufacturing delays, Tesla Inc (NASDAQ: TSLA)’s getting stuck in neutral, according to Street analysts. The Rating Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius maintained an Equal-Weight rating on the stock, but cut their...
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An Auto Supplier Pair Trade: Tenneco And Adient
Wednesday, May 9, 2018 - 9:35am | 459Auto suppliers by and large outperformed the consensus last quarter, and Morgan Stanley anticipates continued growth manifested in easier production comps, sequential margin expansion and free cash flow conversion. “The results this quarter do not change our thesis that there is room for...
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Here's What Wall Street Thinks Of Tesla's Q1 Earnings
Thursday, May 3, 2018 - 1:25pm | 926Tesla Inc (NASDAQ: TSLA) shares fell as much as 7.3 percent on the company’s mixed first-quarter earnings report, but whatever shook investors didn’t faze the analysts. What Went Well Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius confirmed the first quarter was “no...
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Why A Tesla-SpaceX Partnership Makes Sense, According To Morgan Stanley
Friday, April 27, 2018 - 11:38am | 345Tesla Inc (NASDAQ: TSLA) needs wireless connectivity. SpaceX has plans to launch satellites. To one Street analyst, the math is simple. The Rating Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius maintained an Equal-weight rating on Tesla with a $376 price target. The Thesis SpaceX...
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Ford Says Goodbye To The Focus, Taurus And Others In North America: 'This Was Expected'
Thursday, April 26, 2018 - 10:42am | 628Ford Motor Company (NYSE: F) announced Wednesday it will pare its North American car portfolio to just two vehicles. The Mustang and Focus Active crossover will survive the transition, which eliminates investment in next-generation models of the Fusion, Focus, Taurus and Fiesta. “We are...
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Tesla's Plant Shutdowns, Model 3 Prospects, Q1 Earnings: What Analysts Are Saying
Wednesday, April 18, 2018 - 11:55am | 734When Tesla Inc (NASDAQ: TSLA) announced the first of two temporary shutdowns at the Fremont and Gigafactory 1 plants this week, the market braced for another quarterly Model 3 production miss. CEO Elon Musk soon clarified the intention of the shutdown strategy: a quarter-end production rate of 6,...