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Modine Manufacturing Ignites Optimism: Analyst Foresees Positive Estimate Revisions
Tuesday, March 19, 2024 - 2:15pm | 342Modine Manufacturing Co (NYSE: MOD) recently saw a rise in short interest in its stock. The company has multiple catalysts that may support positive estimate revisions and its share price, according to Oppenheimer. The Modine Manufacturing Analyst: Noah Kaye initiated coverage of Modine...
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Oppenheimer Downgrades Cummins, Projects Softening North American Truck Market In 2020
Thursday, February 7, 2019 - 12:36pm | 365Shares of Cummins Inc. (NYSE: CMI) have surged 11 percent year-to-date versus a 9-percent appreciation for the S&P 500. The company’s FY19 guidance reflects fewer internal catalysts for improvement as well as a mixed macro environment, according to Oppenheimer. The Analyst...
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Oppenheimer: Electrification Will Galvanize Delphi, Drive Outperformance
Monday, July 23, 2018 - 1:35pm | 347Delphi Technologies PLC (NYSE: DLPH) has conceded 15 percent of its share value since Oppenheimer initiated coverage last month, but the analysts say things couldn’t get worse. The Rating Analysts Noah Kaye and Colin Rusch upgraded Delphi to Outperform and introduced a $53 price target. The...
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Amid Shift To Electric Vehicles, Analyst Looks For BorgWarner To Benefit
Thursday, December 7, 2017 - 3:48pm | 325Not every auto supplier will survive the rise of electric. But BorgWarner Inc. (NYSE: BWA) hopes to ride the current — and Oppenheimer said it’s situated to do do. The Rating Oppenheimer analyst Noah Kaye initiated coverage on BorgWarner with an Outperform rating and $63 price target...
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Oppenheimer Sees A Good Entry Point In Cummins Shares
Thursday, December 7, 2017 - 3:08pm | 393A mismatch between sentiment and adoption cycle has provided an entry point for shares of power generation company Cummins Inc. (NYSE: CMI), according to Oppenheimer. The Analyst Oppenheimer analyst Noah Kaye initiated coverage of Cummins shares with an Outperform rating and $192 price target...
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The Future Of Trucking? Wall Street Weighs In On Tesla Semi, Roadster Unveiling
Friday, November 17, 2017 - 3:02pm | 1055The reveal of Tesla Inc (NASDAQ: TSLA)'s Semi and Roadster met wide enthusiasm. J B Hunt Transport Services Inc (NASDAQ: JBHT) and Wal-Mart Stores Inc (NYSE: WMT) pre-ordered the electric truck within the first 24 hours, and Tesla’s stock spiked as much as 4.3 percent. But the Street,...
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2 Reasons Capstone Turbine Shares Are Now A Buy
Wednesday, October 4, 2017 - 2:14pm | 348Oppenheimer upgraded shares of Capstone Turbine Corporation (NASDAQ: CPST), noting that visibility into break-even has improved. As such, analysts upgraded shares from Perform to Outperform and introduced a $2 price target. That said, the firm sees potential upside to its price target, if the...
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FuelCell Energy Is The 'Clear Leader' In Stationary Fuel Cell Applications
Wednesday, October 4, 2017 - 12:51pm | 381FuelCell Energy Inc (NASDAQ: FCEL) has won a new advocate. Oppenheimer initiated coverage Wednesday with an Outperform rating and dubbed FuelCell “the clear leader” in its class. “We believe the compact footprint and scalability of FCEL’s design offer a unique solution for...
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Recent M&A, Backlog Strength Encouraging Signs For Silver Spring Networks
Friday, October 7, 2016 - 3:24pm | 358Oppenheimer has lifted the price target on Silver Spring Networks Inc (NYSE: SSNI) shares from $15 to $17 based on valuation supported by recent M&A and strength in backlog. This implied upside potentials of about 20 percent from the current levels. The firm has an Outperform rating on the...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Making Sense Of Tesla's Vehicle Delivery Miss
Monday, October 5, 2015 - 3:37pm | 310After the market closed on Friday, Tesla Motors Inc (NASDAQ: TSLA) announced that it delivered 11,580 vehicles in the third quarter of the year, which was just about inline with what the company projected at the end of Q2. Following the news, Oppenheimer reiterated an Outperform rating and $...
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Oppenheimer Reviews Tesla's Model X: 'Impressive As Expected'
Wednesday, September 30, 2015 - 1:39pm | 301Tesla Motors Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday presented the new Model X to the public. Reactions were mostly positive, and Oppenheimer analysts were no exception. Shares of Tesla were down more than 1 percent on Wednesday. After Tesla unveiled its newest car, the Model X,...