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This Analyst Recommends Ford Despite Q4 Results Missing 3 Out Of 4 Metrics
Friday, February 4, 2022 - 8:13am | 223Read More...Ford Motor Company (NYSE: F) reported weaker-than-expected earnings results for its fourth quarter after the closing bell on Thursday. Michael Ward of Benchmark told CNBC that the recent quarter was disappointing for Ford and the company missed on three out of four metrics he was tracking....
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Looking Beyond GM's Recent Sales Miss: Analysts Sees 'Nothing Negative'
Wednesday, February 2, 2022 - 10:14am | 193Read More...General Motors Company (NYSE: GM) reported better-than-expected earnings for its fourth quarter, despite a sales miss due to the persistent chip shortage. The company said it sees FY22 net income of $9.4 billion to $10.8 billion. On CNBC’s "Closing Bell," Michael Ward...
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Why AutoNation Stock Is Still Revving Up
Thursday, April 22, 2021 - 11:39am | 261Read More...AutoNation, Inc. (NYSE: AN) reported its first-quarter earnings ahead of estimates, with the auto industry recovering faster than expected from the COVID-19 pandemic impact, according to Benchmark. The AutoNation Analyst: Michael Ward upgraded the rating for AutoNation from Hold to Buy, while...
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Wall Street Reacts To Ford's Strong Q3: 'Investors Are Getting Excited'
Thursday, October 29, 2020 - 11:44am | 606Read More...Automaker Ford Motor Company (NYSE: F) reported Wednesday with strong third-quarter results that were highlighted by a return to profitability. Here's how three Street analysts reacted to the print. The Ford Analysts Benchmark analyst Michael Ward maintains an Overweight rating on Ford...
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Ford Has Momentum Heading Into 2021, Benchmark Says In Upgrade
Monday, October 12, 2020 - 12:16pm | 286Read More...Ford Motor Company's (NYSE: F) new management team and prospects of better-than-expected third-quarter earnings offer near-term catalysts for the stock, according to Benchmark. The Ford Motor Analyst: Michael Ward upgraded Ford Motor Co. from Hold to Buy and established a $10...
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Seaport Global Starts Lyft With A Sell: 'A Big Leap Of Faith'
Tuesday, April 2, 2019 - 11:28am | 339Read More...Seaport Global is bearish on newly public ride-hailing service Lyft Inc. (NASDAQ: LYFT), expressing doubts that the nation will move completely away from personal cars to using app-based ride companies. The Analyst Seaport Global's Michael Ward initiated coverage on Lyft with a Sell rating and...
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How Did The Rail Group's Earnings Look?
Friday, January 20, 2017 - 10:34am | 587Read More...Rail companies were the latest sector to report their quarterly earnings. Here is a roundup of how the major players performed. Canadian Pacific Railway Canadian Pacific Railway Limited (USA) (NYSE: CP) reported it earned C$3.04 per share on revenue of C$1.64 billion in the fourth quarter. E....
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Credit Suisse Sees Voya Financial As A Top Pick
Friday, October 7, 2016 - 8:29am | 377Read More...Credit Suisse thinks there is enough room for Voya Financial Inc (NYSE: VOYA) to provide solid return on equity and believes the shares are undervalued currently. The firm expects the stock to provide about 29 percent upside potential. Therefore, the brokerage initiated the stock at an Outperform...
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Seaport Global Initiates General Motors At Buy, Positive On Profitability Prospects
Tuesday, August 9, 2016 - 12:03pm | 242Read More...Seaport's Michael Ward initiated General Motors Company (NYSE: GM) at Buy with a $42 price target following the company's earnings beat in late July. The analyst noted several reasons for his upgrade. GM's breakeven level in North America was at a historical low, Chinese...
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Seaport Global Initiates Ford At Buy, Will Be Aggressive Buyers When Dividend Yield Approaches 5%
Tuesday, August 9, 2016 - 11:09am | 345Read More...Seaport Global started coverage of Ford Motor Company (NYSE: F) with a Buy rating and $20 price target and said they would become even more aggressive buyers of the stock when the dividend yield approaches 5 percent. The price target of $20 represents a potential upside of 64 percent over...
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CSX Was The First Rail Co. To Report Q1 Earnings; In-Line Results
Wednesday, April 13, 2016 - 8:29am | 351Read More...Shares of CSX Corporation (NASDAQ: CSX) gained more than 3 percent early Wednesday morning after the company reported its first-quarter results Tuesday. CSX said it earned $0.37 per share in the first quarter on revenue of $2.618 billion. Wall Street analysts were expecting the company to earn $0....
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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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A Multitude Of Factors Surround Ford Ahead Of Earnings
Monday, July 27, 2015 - 2:18pm | 491Read More...Ford Motor Company (NYSE: F) is scheduled to report its Q2 results before Tuesday's market open. The Estimize community (based on 73 estimates) is calling for the company to earn $0.36 per share on revenue of $35.917 billion. This compares to the Wall Street consensus estimate estimating the...
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Sterne Agee On European Auto Market
Monday, June 15, 2015 - 4:05pm | 299Read More...In a report published Sunday, Sterne Agee CRT analyst Michael Ward presented figures for vehicle registrations in Europe. Preliminary data, according to him, has vehicle registrations down 2 percent in the month of May. This decline, however, is expected, given that last month had two fewer...
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Sterne Agee Previews U.S. Light Vehicle Sales
Friday, January 2, 2015 - 6:07pm | 416Read More...Sterne Agee analyst Michael Ward noted Friday that “U.S. light vehicle sales for December are expected to be released throughout the day on Monday, January 5, 2015." "The industry SAAR (seasonally adjusted annual rate) has averaged 16.8 million units since June" and Ward...
