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Tesla's Pricing Power Will Suffer Due To New IRS Rules For EV Sales Credit, Analyst Says
Saturday, December 31, 2022 - 3:43pm | 470Read More...Tesla, Inc. (NASDAQ: TSLA) shares recovered from their lowest level in more than two years this week, but an analyst at Guggenheim Securities said the company’s fundamental issues are far from over. The Tesla Analyst: Analyst Ali Faghri reiterated a Neutral rating on Tesla shares. The...
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Guggenheim Takes On Auto Suppliers, Bullish On Aptiv And Gentex
Wednesday, October 16, 2019 - 9:15am | 561Read More...As the auto sector continues to face regulatory pressure and declining sales, one analyst is eyeing suppliers with caution. The Ratings Guggenheim analyst Ali Faghri initiated coverage on the following stocks: Aptiv PLC (NYSE: APTV) with a Buy rating and $98 price target; Gentex Corporation (...
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Lyft's Ready For Pickup, But Guggenheim Waits For Another Ride
Monday, April 1, 2019 - 9:25am | 421Read More...Despite the Street’s pre-IPO excitement, Lyft Inc (NASDAQ: LYFT) closed down 8.3 percent on its first day public. One analyst team shares the market’s hesitation. The Rating Guggenheim analysts Jake Fuller and Ali Faghri initiated coverage with a Neutral rating and no price target...
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CarMax Isn't Getting Enough Credit For Strong Same-Store Sales Trends
Friday, April 7, 2017 - 9:04am | 491Read More...“We remain buyers of CarMax, Inc (NYSE: KMX) post 4Q17 results as softer credit profits should be more than offset by stronger volume and margin performance in FY18,” Susquehanna Financial’s Ali Faghri said in a note, while maintaining a Positive rating on the company and lowering...
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Susquehanna Sees A Road To 20% Upside In CarMax Shares
Friday, August 26, 2016 - 12:29pm | 379Read More...Susquehanna expects CarMax, Inc (NYSE: KMX) shares to witness a potential upside of 20 percent from current levels on long store growth runway and a potential near-term positive comp inflection. "We view KMX as a best-in-class retailer with a promising long-term unit growth story and a...
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CarMax's Upside Is Limited, Says Sterne Agee CRT
Monday, March 28, 2016 - 9:38am | 305Read More...Sterne Agee CRT’s Ali Faghri downgraded the rating on CarMax, Inc (NYSE: KMX) from Buy to Neutral. Near-Term Pressures “While we remain positive on the long-term growth potential, near-term competitive pressures are more pronounced than we initially expected,” Faghri...
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CRT Downgrades BorgWarner To Neutral
Tuesday, February 16, 2016 - 11:19am | 224Read More...CRT issued a company report on BorgWarner, Inc. (NYSE: BWA) after the company reported financial results that were below expectations for the fourth quarter. The firm downgraded BorgWarner from Buy to Neutral and issued a $40 price target. Analysts Michael Ward and Ali Faghri wrote, "...
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Sterne Agee Previews AutoZone Q1 Earnings
Wednesday, November 26, 2014 - 1:52pm | 217Read More...Sterne Agee issued an earnings preview on AutoZone, Inc. (NYSE: AZO) Wednesday. The firm maintained an Underperform rating and $550 price target. Consensus for fiscal Q1 EPS was $7.16 on revenue of $2.21 billion. Analyst Ali Faghri commented that “AZO reports fiscal first quarter 2015...
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Sterne Agee Initiates Coverage On O'Reilly Automotive
Friday, November 14, 2014 - 11:40am | 323Read More...Sterne Agee initiated coverage Thursday on O'Reilly Automotive Inc (NASDAQ: ORLY) with a Neutral rating. According to analysts Ali Faghri and Michael Ward, “The secular shift to the faster growing and larger [Do-It-For-Me (DIFM)] segment favors companies with a strong commercial...
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Sterne Agee Initiates Coverage On Genuine Parts Company
Friday, November 14, 2014 - 11:37am | 227Read More...Sterne Agee initiated coverage Thursday on Genuine Parts Company (NYSE: GPC) with a Neutral rating. According to analysts Ali Faghri and Michael Ward, “The secular shift to the faster growing and larger [Do-It-For-Me (DIFM)] segment favors companies with a strong commercial focus....
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Sterne Agee Initiates Coverage On 'Top Pick' Advance Auto Parts
Friday, November 14, 2014 - 11:24am | 249Read More...Sterne Agee initiated coverage on Advance Auto Parts, Inc. (NYSE: AAP) with a Buy rating and $165 price target. The firm's aftermarket auto parts analyst report named it a Top Pick. According to analysts Ali Faghri and Michael Ward, “The secular shift to the faster growing and larger...
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Sterne Agee Initiates Coverage On Aftermarket Auto Parts Retailers
Friday, November 14, 2014 - 9:33am | 529Read More...Sterne Agee initiated coverage on aftermarket auto parts retailers in a report issued Thursday and named Advance Auto Parts, Inc. (NYSE: AAP) its top pick. According to analysts Ali Faghri and Michael Ward, “The aftermarket auto parts group offers positive industry demand tailwinds,...
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Sterne Agee Initiates Coverage On AutoZone
Friday, November 14, 2014 - 9:11am | 120Read More...On Friday, analysts at Sterne Agee Initiated coverage on shares of AutoZone, Inc. (NYSE: AZO) with an Underperform rating and $550 price target. Ali Faghri stated, "In the near term, we believe the company will have a difficult time maintaining financial returns given substantial...
