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Analyst Ditches Automakers For Auto Dealers, Parts Companies
Wednesday, September 25, 2024 - 12:12pm | 1263Analysts at Morgan Stanley sparked a shakeup across auto stocks Wednesday as the firm moved to the sidelines on automakers and turned more positive on dealers and parts companies. What Happened: Morgan Stanley analyst Adam Jonas downgraded Ford Motor Co (NYSE:F), General Motors Co (NYSE:GM) and...
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How Strong Is Evercore's Auto Dealers Survey This Month?
Monday, April 11, 2016 - 4:41pm | 235The Evercore ISI Auto Dealers Survey moderated this week, moving down from 59.0 to 57.3, as April has begun the month softer. In a note, analysts led by Charlene Saltzman said, "March was a second month in a row of improved used car sales after a soft January according to franchised...