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Analysts Cautiously Optimistic On Ford CEO Shakeup
Tuesday, May 23, 2017 - 3:49pm | 534Read More...Deutsche Bank Securities analysts said they are cautiously optimistic about the implication of the management changes, including the CEO shakeup, the company announced earlier this week. Ford Motor Company (NYSE: F) announced the ouster of CEO Mark Fields, replacing him with Jim Hackett, who...
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Tesla Now Expected To Turn Cash Flow Positive By Next Year
Monday, March 20, 2017 - 1:44pm | 512Read More...Deutsche Bank said in a note on Monday that Tesla Inc (NASDAQ: TSLA)'s targeted Model S production of 90,000–100,000 units per quarter or 7500 per week and the 25 percent gross margin guidance for 2018 corresponds to the company reaching break-even free cash flow. Even with its blended...
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Expectations For December Auto Sales: The Big 6
Thursday, December 22, 2016 - 11:22am | 402Read More...Previewing the December auto sales results, Deutsche Bank said in a note on Wednesday that U.S. auto sales are tracking at a seasonally adjusted annual rate of 17.6 million units in December, up 2.4 percent year-over-year in absolute units, adjusted for one fewer selling day. Analysts Rod Lache...
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Halfway Through Q3, Loop Capital And Deutsche Bank Review Railroad Names
Friday, August 26, 2016 - 1:09pm | 595Read More...Railroad companies have reported freight volume data for seven of the 13 weeks in the third quarter, which prompted analysts at Loop Capital Markets and Deutsche Bank to take a deeper dive into the data released so far. Deutsche Bank: Macro Data Robert Salmon of Deutsche Bank commented in a...
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Deutsche Bank Credits CSX's Q2 Beat To Cost Controls
Thursday, July 14, 2016 - 11:18am | 241Read More...Deutsche Bank credits CSX Corporation (NASDAQ: CSX)'s second-quarter earnings beat to cost controls led by lower-than-expected labor and fringe expense per employee. CSX reported Q2 EPS of $0.47/share, which was above both Deutsche Bank's estimate of $0.41 and the consensus of $0.44. "Increased...
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Buy The FedEx Earnings Selloff, Deutsche Bank Says
Thursday, June 23, 2016 - 2:05pm | 276Read More...FedEx Corporation (NYSE: FDX) shares sold off 4.5 percent on Wednesday following a disappointing earnings report. However, Deutsche Bank analyst Robert Salmon believes investors should be buying the dip. The market saw FexEx’s guidance as a bit light, and Deutsche Bank agrees. However,...
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Should Transport Stocks Be In Your Portfolio?
Tuesday, February 9, 2016 - 12:30pm | 678Read More...According to a recent industry update from Deutsche Bank Markets Research, investors may want to consider adding transport stocks to their portfolios, if they are not already included. The report, penned by analysts Robert Salmon and Seldon Clarke, listed three Buy-rated top picks and an additional...
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Railroad Mega-Merger Not A Slam Dunk: Here's Why
Wednesday, November 18, 2015 - 10:05am | 322Read More...Norfolk Southern Corp. (NYSE: NSC) has seen an almost 11 percent increase in its share price over the past month, with the share price touching $89.50 on November 13. Deutsche Bank’s Robert Salmon has maintained a Hold rating on the company, while raising the price target from $84 to $...
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FedEx Expected To Deliver Record Quarter, Double Digit Growth
Tuesday, June 16, 2015 - 1:21pm | 324Read More...FedEx Corporation (NYSE: FDX) will report its fourth-quarter financial results before the market opens on Wednesday, and expectations are high. In fact, according to Estimize, the company is expected to deliver a record quarter. Wall Street analysts are modeling consensus earnings of $2.70...
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Deutsche Bank Analyst Sees Much Growth Ahead For FedEx
Monday, June 15, 2015 - 4:03pm | 298Read More...In a report published Monday, Deutsche Bank analyst Robert Salmon raised the price target on FedEx Corporation (NYSE: FDX) from $209 to $216. He also adjusted his EPS estimate from $9.00 to $9.65. Salmon reiterated a Buy rating on the company. Upside for 4Q15 Salmon expects a positive report from...
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FedEx Q3 Earnings Preview: Analysts Expecting Strong Holiday Season Results
Monday, March 16, 2015 - 1:38pm | 310Read More...FedEx Corporation (NYSE: FDX) reports fiscal Q3 earnings results Wednesday before the market open. The Street expected adjusted EPS of $1.87 on revenue of $11.79 billion. For Q4, adjusted EPS was estimated at $2.86 on revenue of $12.31 billion. Full year EPS was expected at $8.97 on revenue of...
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Deutsche Bank Says Truckers Might Gain From West Coast Ports Dispute
Tuesday, February 10, 2015 - 5:23pm | 269Read More...The potential closure of West Coast ports over a labor dispute would leave in its wake a raft of winners and losers in the transportation sector, an analyst said Tuesday. Deutsche Bank's Robert Salmon put the chances of an extended shutdown at 50-50. Resulting volatility in supply chains...
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UPDATE: Deutsche Bank Downgrades J B Hunt Transport Services As Shares Are Closer To Fair Value
Friday, January 23, 2015 - 11:07am | 163Read More...In a report published Friday, Deutsche Bank analyst Robert Salmon downgraded the rating on J B Hunt Transport Services Inc (NASDAQ: JBHT) from Buy to Hold, but reiterated the $91.00 price target. In the report, Deutsche Bank noted, “We are downgrading shares of JBHT to Hold (from Buy) as we now...
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UPDATE: Deutsche Bank Downgrades UPS, Cites Risk/Reward Concerns
Monday, December 15, 2014 - 9:50am | 141Read More...Robert Salmon of Deutsche Bank downgraded shares of United Parcel Service, Inc. (NYSE: UPS) to Hold from Buy with a $116 price target due to a "more balanced" risk/reward profile. Salmon notes that shares of UPS have risen 9.5 percent since its last earnings report, outperforming the 2.6 percent...
