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Goodyear's Cash Flow Drives Deutsche's Upgrade To Buy
Tuesday, September 6, 2016 - 1:57pm | 361Deutsche Bank analysts Rod Lache, Patrick Nolan and Mike Levin believe Goodyear Tire & Rubber Co (NASDAQ: GT) stands to gain after completing its balance sheet repair. Therefore, the analysts expect cash flow to drive the valuation in the upcoming period. The lead analyst has not only upgraded...
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Deutsche Bank Wants To Better Understand How Solar Will Benefit Tesla Shareholders
Thursday, July 21, 2016 - 3:35pm | 420The market was not impressed by Tesla Motors Inc (NASDAQ: TSLA) CEO Elon Musk’s “Master Plan Part 2,” which was unveiled on Wednesday. Tesla’s stock is down 2.8 percent so far on Thursday, and Musk’s presentation has been widely-criticized for lack of financial...
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Deutsche Questions Whether Tesla Has Overcome Production Challenges
Tuesday, July 5, 2016 - 1:00pm | 455Deutsche Bank now sees Tesla Motors Inc (NASDAQ: TSLA) to report a loss in 2016 versus profit, while expecting a bigger sequential loss for the second quarter, as it's "unsure" whether the automaker has overcome its production challenges. Analyst Rod Lache expects a loss of $0.42...
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6 Reasons To Be Bullish On Ford In The Near Term
Monday, May 16, 2016 - 4:08pm | 309Last Friday, Ford Motor Company (NYSE: F) CEO Mark Fields met with Wall Street analysts in New York to discuss Ford’s business and stock. Deutsche Bank analyst Rod Lache noted six bullish takeaways from Fields’ message: 1. Ford management still likes what is sees from the North...
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Tesla's Growth Plan May Be Too Steep; Deutsche Bank Projects 355,000 Units By 2018
Thursday, May 5, 2016 - 8:57am | 297Deutsche Bank’s Rod Lache believes Tesla Motors Inc (NASDAQ: TSLA)'s growth plan was steep, with the company targeting annual production of 500,000 units by 2018 – two years ahead of the previous plan. The analyst maintains a Hold rating on Tesla, while raising the price target from $...
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Deutsche Bank Speculates: What Could Move Tesla Shares?
Tuesday, May 3, 2016 - 8:22am | 424Tesla Motors Inc (NASDAQ: TSLA) is scheduled to report its 1Q16 earnings on May 3, after the close. Deutsche Bank’s Rod Lache believes that the focus would be on the trajectory of the company’s business plan. The analyst maintained a Hold rating for Tesla, with a price target of $280...
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6 Reasons Harley-Davidson Could Be A Buy, Despite Industry Headwinds
Wednesday, April 20, 2016 - 4:39pm | 284Most of Harley-Davidson Inc (NYSE: HOG)'s Q1 earnings beat can be explained by the company bumping back marketing costs to Q2. However, at 10.6x earnings, Deutsche Bank analyst Rod Lache believes there is still a bull case for the stock. Harley reported Q1 earnings of $1.36, well ahead of...
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Deutsche Bank: Tesla's 'Key Challenge' Continues To Be Execution
Tuesday, April 5, 2016 - 10:33am | 282As of the night of April 2, Tesla Motors Inc (NASDAQ: TSLA) had received orders for the Model 3 of over 276,000. Deutsche Bank’s Rod Lache maintained a Hold rating on the company, with a price target of $280. Model 3 Demand Lache believes that it would not be surprising if the company...
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Autonomous Driving Could Actually Help Traditional Automakers: Here's How
Monday, March 28, 2016 - 10:07am | 344In a new report, Deutsche Bank analyst Rod Lache discussed the impact that driverless cars will have on the U.S. auto industry. According to Deutsche Bank, 8.2 percent of all Americans and up to 61 percent of those living in urban settings will find autonomous vehicles cheaper and more convenient...
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Tesla Shares Rev Up With Analyst Confidence
Thursday, February 11, 2016 - 2:08pm | 780Tesla Motors Inc (NASDAQ: TSLA) shares continued to spike on Thursday following investor confidence off the company’s increased deliveries guidance for the first quarter of 2016. The company fell short of revenue projections and posted a loss per share of $0.87 when consensus saw them at a $0...
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Deutsche Bank Thinks Demand For Tesla's Products Could 'Dwarf Expectations,' Maintains $280 Price Target
Thursday, February 11, 2016 - 9:52am | 355Shares of Tesla Motors Inc (NASDAQ: TSLA) were trading higher by more than 4 percent early Thursday morning. Rod Lache of Deutsche Bank maintained a Hold rating on Tesla's stock with an unchanged $280 price target. Lache noted that Tesla's 80,000 to 90,000 delivery guidance could...
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Deutsche Bank Cuts Targets On Most US Autos, Auto Parts Stocks; Says Buy Mobileye, Delphi, Magna
Tuesday, January 26, 2016 - 8:46am | 733Shares of Mobileye NV (NYSE: MBLY) and Magna International Inc. (USA) (NYSE: MGA) have plunged 52 percent and 36 percent since July 27, while Delphi Automotive PLC (NYSE: DLPH) shares are down 17 percent. Deutsche Bank’s Rod Lache has a Buy rating for all three companies, while...
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Why Mobileye's Mapping News Is 'A Game Changer'
Thursday, January 7, 2016 - 12:18pm | 335Mobileye NV (NYSE: MBLY) shares have declined 28.35 percent over the past six months, dropping to $36.13 on Tuesday. Deutsche Bank’s Rod Lache has maintained a Buy rating on the company, with a price target of $72. Terming the company’s mapping announcement a "game...
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Deutsche Bank Is Buying Mobileye On VW And GM Support, Expects Stock To Double
Wednesday, January 6, 2016 - 10:32am | 347Mobileye NV (NYSE: MBLY) shares have declined 33.74 percent over the past six months, dropping to $36.13 on January 5. Deutsche Bank’s Rod Lache has maintained a Buy rating on the company, with a price target of $72. The stock declined 9.5 percent following aggressive comments from...
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How Tesla Can Hit $280 On Spending Bill Upside, Battery Market
Thursday, December 17, 2015 - 5:19pm | 416The new $1.1 trillion spending bill that Congress will soon be voting on includes an extension of the solar ITC program. Deutsche Bank believes that this provision will drive a surge in demand for stationary storage. The firm believes that Tesla Motors Inc (NASDAQ: TSLA) is in prime...