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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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Not Much Runway For Lear Shares To Soar Higher; Buckingham Goes Neutral
Tuesday, September 26, 2017 - 2:06pm | 454Analysts at the Buckingham Research Group consider Lear Corporation (NYSE: LEA) to be "one of the best" auto supplier companies in the sector yet at the same time the stock can no longer be considered a buy. The firm's Joseph Amaturo downgrades Lear's stock rating from Buy to Neutral with an...
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Trader's Guide To Volatility: Automakers Vs. Auto Suppliers
Saturday, November 5, 2016 - 7:15pm | 715Volatility is the name of the investment game, and all investments have some degree of volatility built into them, with only the degree varying. A look into how stocks of automakers fared relative to auto parts suppliers in the sessions following the release of their quarterly results reveals...
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Despite Strong Earnings, Goldman Remains Cautious On Auto Suppliers
Thursday, May 12, 2016 - 1:04pm | 336So far this earnings season, the market has not been impressed by relatively strong earnings from the auto industry, and neither has Goldman Sachs. There have been 16 consensus beats in the auto space so far compared to only four misses, but auto stocks have only gained an average of 0.3 percent on...
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Credit Suisse Likes Auto Suppliers & Tesla, But Cautious On Ford & General Motors
Thursday, August 14, 2014 - 11:41am | 1445Dan Galves of Credit Suisse initiated coverage of the auto sector Wednesday. Galves research into the auto sector resulted in several key findings which actually favor the auto suppliers over the automakers. The analyst speculates that suppliers should see accelerated growth driven by global...