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Citi Reiterates Focus List 'Buy' On General Motors Following Q1 Earnings
Friday, April 22, 2016 - 9:51am | 291Read More...Citi’s Itay Michaeli believes General Motors Company (NYSE: GM) could become a long-term transformation story. The analyst reiterated a Buy (Focus List) rating on the company, with a price target of $44. 1Q Results “The long-held bear narrative argues that GM trades 6x EPS because...
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Mobileye Is Auto Industry's 'White Knight,' According To Citi
Monday, April 11, 2016 - 9:17am | 274Read More...Citi’s Itay Michaeli believes that Mobileye NV (NYSE: MBLY) has the potential to “gradually position itself as the core operating system for autonomous vehicles.” The analyst reiterated a Buy rating on the company, with a price target of $66. Following a meeting with the...
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Citi Moving To The Sideline In BorgWarner, Downgrades To Neutral
Tuesday, March 29, 2016 - 9:57am | 279Read More...Citi’s Itay Michaeli downgraded the rating for BorgWarner Inc. (NYSE: BWA) from Buy to Neutral, while maintaining the price target at $37. The analyst cited relative valuation as the reason for the downgrade. Fundamental View Unchanged Following recent gains, BorgWarner’s shares...
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Citi Sees 40% Upside At GM, Says Market Ignoring Future Disruption
Thursday, December 3, 2015 - 10:35am | 313Read More...Shares of General Motors Company (NYSE: GM) were volatile in 2015 and are up 2 percent year-to-date. Citi’s Itay Michaeli maintained a Buy rating on the company, with a price target of $50. General Motors’ global scale and size should make it highly relevant in an era when...
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General Motors Breaks Out; Citi And JPMorgan Are Buying
Thursday, October 22, 2015 - 10:04am | 452Read More...General Motors Company (NYSE: GM) has seen 16.55 percent increase in its share price over the past three months to a high of $35.42 on October 21. J.P. Morgan’s Ryan Brinkman reiterated an Overweight rating on the company, while raising the price target from $45 to $47. Citi’s...
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A Citi Guide Back To 2011-12 With General Motors
Wednesday, September 2, 2015 - 9:29am | 354Read More...The share price of General Motors Company (NYSE: GM) has declined more than 18 percent year-to-date. Citi’s Itay Michaeli has maintained a Buy rating and price target of $50 on General Motors. Similar to the 2011-2012 stock selloff, which turned into an attractive buying opportunity...
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Why Citi Isn't Panicking Over GM Yet
Thursday, August 27, 2015 - 3:21pm | 566Read More...Citi analysts Itay Michaeli and Justin Barell assured they are not panicking over General Motors Company (NYSE: GM), even though China remains a substantial risk, and explain why in a recent report. Citi’s Take While the firm sees some added risk to auto production in China following the...
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Analysts Split Over Mobileye
Friday, August 7, 2015 - 1:18pm | 452Read More...Shares of Mobileye NV (NYSE: MBLY) heavily sold off after its second-quarter print on Thursday only to almost fully recover and close the day just slightly in the red. Below are briefs from two analyst notes highlighting both the bullish (Citi) and bearish (Pacific Crest) theses. Citi: Plenty Of...
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Calls Of Note: The Street's Research Moving Stocks This Monday
Monday, August 3, 2015 - 10:24am | 948Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." RBC: Slashing LinnCo Price Target Last week, John Ragozzino of RBC Capital Markets downgraded shares of LinnCo LLC (NASDAQ: LNCO) to Sector Perform...
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Citi On GM's Plummeting Stock: 'This Is Not The Time To Hold Anything Back'
Monday, July 13, 2015 - 4:09pm | 308Read More...Shares of General Motors Company (NYSE: GM) fell more than 12.5 percent over the past three weeks, and sentiment still looks pretty bearish. Nonetheless, in a report issued Monday, Citi analysts Itay Michaeli and Justin Barell reiterated a Buy rating and $50.00 price target on the stock. The...
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Citigroup Sees Pros To A Fiat Chrysler/General Motors Merger
Tuesday, June 9, 2015 - 10:31am | 223Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) CEO Sergio Marchionne reportedly began reaching out to major hedge funds, and others, to push General Motors Company (NYSE: GM) into a merger with Fiat, according to The Wall Street Journal. Citigroup analyst Itay Michaeli believes that General Motors...
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Citigroup Hikes Mobileye Price Target To $70 After Meeting Management
Thursday, May 21, 2015 - 10:47am | 369Read More...In a report published Thursday, Citigroup analyst Itay Michaeli detailed his recent meeting with Mobileye NV (NYSE: MBLY)'s senior management team including Ofer Maharshak, Sr. VP and CFO, and Yonah Lloyd, Chief Communications Officer and Sr. VP Business Development. Michaeli stated that he...
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General Motors Q1 Earnings Preview
Wednesday, April 22, 2015 - 8:03pm | 273Read More...General Motors Company (NYSE: GM) reports Q1 results Thursday morning. Wall Street expects EPS of $0.96 on revenue of $38.737 billion, while the Estimize consensus is for EPS of $1.05 on revenue of $39.049 billion. Credit Suisse analyst Dan Galves recently commented on the quarter and...
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Citi: General Motors Is Worth $50/Share After Buyback Reveal
Tuesday, March 10, 2015 - 1:38pm | 385Read More...General Motors Company (NYSE: GM) announced Monday morning that it will buy back $5 billion in stock from its shareholders. The program will commence immediately and extend up to 2016. In addition, the company announced plans to boost the quarterly dividend to $0.36 per share, starting on the...
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Citigroup Says 'Go Long Pickups,' Prefers General Motors Over Ford
Wednesday, March 4, 2015 - 11:31am | 272Read More...In a report published Tuesday, Citigroup analyst Itay Michaeli commented on General Motors Company's (NYSE: GM) U.S. February sales data. According to Michaeli, General Motors' below consensus February sales were due to a weather-related slowdown. On the other hand, the sales report did...
