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Analyst: We Don't Like Tesla, But Here's Why We Could Be Wrong
Wednesday, September 13, 2017 - 2:20pm | 348Read More...Barclays has been a notable bear on Tesla Inc (NASDAQ: TSLA) for some time. Tesla has been one of the most speculative companies in current memory, and it has been quite difficult to place a value on the company given the enthusiasm surrounding the disruptive industries it is leading. Barclays...
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How Weak Guidance May Overshadow Ford's New Initiatives
Monday, September 12, 2016 - 12:00pm | 316Read More...Although Barclays’ Brian A. Johnson expects OEM stocks to outperform suppliers in the near term, negative data points are likely to lead to volatility, with Ford Motor Company (NYSE: F) underperforming in the very near term, driven by a weaker outlook. Johnson maintains an Equal-Weight rating...
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Barclays' Takeaways On August Auto Sales
Friday, September 2, 2016 - 10:32am | 406Read More...US light vehicle SAAR for August came in at 17.0 million, slightly below the consensus expectations of 17.1 million. Headline sales declined 3.5 percent y/y, while SAAR was down ~700k units y/y and ~900k q/q. Barclays' Brian A. Johnson mentioned three key takeaways from the results. Three...
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Barclays 'Baffled' By Lear Shares' Underperformance
Monday, August 1, 2016 - 10:41am | 266Read More...Following the robust Q2 results reported by Lear Corporation (NYSE: LEA), Barclays’ Brian A. Johnson mentioned he was “baffled” by the stock’s underperformance, despite the strong results. Johnson maintained an Equal-Weight rating on the company, while raising the price...
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Barclays On Auto Suppliers: Mobileye The Top Pick, Delphi, Harman, Tenneco 'Fine Bets'
Tuesday, July 19, 2016 - 10:28am | 548Read More...The macro environment for Auto Suppliers appears to be weakening, with headwinds in both the United States and Europe, Barclays’ Brian A. Johnson said in a report. He maintains a Neutral stance on the space, however, saying that the stocks already seem to be reflecting the risks in their...
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Barclays Sees Ford, GM Outperforming Auto Suppliers
Tuesday, July 19, 2016 - 9:56am | 428Read More...Although the macro backdrop for autos appears to be softening heading into 2Q16 earnings, the stock valuations already seem to be reflecting these risks, Barclays’ Brian A. Johnson said in a report. He added that Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) would likely...
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Mobileye Remains Barclays' Top Pick Ahead Of Q2 Earnings
Tuesday, July 19, 2016 - 9:50am | 324Read More...Barclays’ Brian A. Johnson expects Mobileye NV (NYSE: MBLY)'s 2Q earnings call to “shed light on a number of catalysts, which could drive further momentum for the stock.” Johnson maintains an Overweight rating on the company, while raising the price target from $50 to $60. What To...
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Tesla's Issues Are Deeper Than They Appear
Wednesday, July 6, 2016 - 8:25am | 298Read More...Tesla Motors Inc (NASDAQ: TSLA) delivered 14,370 vehicles in 2Q16, attributing the shortfall to the guidance of 17,000 deliveries to in-transit vehicles. Barclays’ Brian A. Johnson maintains an Underweight rating on the company, with a price target of $165. Ongoing Issues Johnson believes the...
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SolarCity Represents A 'Lean, Mean, Cash-Burning Machine' For Tesla
Wednesday, June 22, 2016 - 8:26am | 277Read More...Tesla Motors Inc (NASDAQ: TSLA) has offered to acquire SolarCity Corp (NASDAQ: SCTY) in an all-stock deal valued up to $2.9 billion. Barclays’ Brian A. Johnson commented in a report that the deal involves the assumption of an additional $2.6 billion of debt in a transaction that offers...
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Tesla Investors Need To Take A Deep Breath; Barclays 'Curmudgeoningly' Sticks To $165 Target
Wednesday, April 6, 2016 - 7:46am | 280Read More...Barclays' Brian A. Johnson believes Tesla Motors Inc (NASDAQ: TSLA) has been ambitious in drawing meaningful demand for Model 3, but the question that arises now is whether the company will be able to successfully deliver. Johnson maintained an Underweight rating on the company, with a...
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Is Avis A Buy Now?
Thursday, February 25, 2016 - 11:44am | 595Read More...Avis Budget Group Inc. (NASDAQ: CAR) reported broadly in-line 4Q results, while announcing its 2016 guidance short of consensus expectations. The company reported adj. EPS of $0.18, ahead of the Street's $0.17, mainly on account of lower interest expense. Americas pricing declined about 1...
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Barclays Cuts Tesla Target, Warns Slow Model X Ramp Could Hurt Investors
Tuesday, February 9, 2016 - 9:08am | 260Read More...Shares of Tesla Motors Inc (NASDAQ: TSLA) have declined 38.98 percent over the past six months, dropping to a low of $147.99 on February 8. Barclays’ Brian A. Johnson has maintained an Underweight rating on the company, while lowering the price target from $180 to $165. While...
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Barclays Goes Overweight Delphi, Sees Significant Upside For 'Blue Chip'
Thursday, January 7, 2016 - 1:04pm | 269Read More...The share price of Delphi Automotive PLC (NYSE: DLPH) have appreciated 10.15 percent over the past year, from a low of $66.59 on January 16, 2015. Barclays’ Brian A. Johnson has reinitiated coverage of the company with an Overweight rating and price target of $105. Although the...
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Barclays Sounds 'All Clear' In U.S. Auto Stocks; Upgrades Industry
Friday, October 9, 2015 - 7:57am | 394Read More...While shares of Mobileye NV (NYSE: MBLY), Harman International Industries Inc./DE/ (NYSE: HAR) and Johnson Controls Inc (NYSE: JCI) are down since July 9, Visteon Corp (NYSE: VC) shares have gained. Barclays’ Brian A. Johnson upgraded the US Auto sector from Negative to Neutral....
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Tesla Downgraded By Barclays On Model X 'Reality Check'
Friday, October 9, 2015 - 7:46am | 332Read More...Shares of Tesla Motors, Inc. (NASDAQ: TSLA) have declined 11.08 percent over the last three months, with a low of $218.87 on August 24. Barclays’ Brian A. Johnson has downgraded the company from Equal-Weight to Underweight, while lowering the price target from $190 to $180. Johnson...
