Ravi Shanker

In a report published Thursday, Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating on Sonic Automotive (NYSE: SAH) and maintains the $30.00 price target. In the report, Morgan Stanley noted, “Following our recent upgrade to OW, we've had plenty of discussions with clients and...

In a report published Wednesday, Morgan Stanley analyst Ravi Shanker reiterated an Underweight rating on Harman International Industries (NYSE: HAR), but removed the $47.00 price target. In the report, Morgan Stanley noted, “GM recently significantly scaled down its efforts to build its own...

In a report published Tuesday, Morgan Stanley analyst Ravi Shanker reiterated an Underweight rating on Harman International Industries (NYSE: HAR), but removed the $47.00 price target. In the report, Morgan Stanley noted, “Honda debuted the next-gen Honda Connect infotainment system at the Paris...

In a note published Monday, Morgan Stanley analyst Ravi Shanker upgraded shares of Sonic Automotive Inc (NYSE: SAH) from Underweight to Overweight and raised the price target from $22 to $30. In the note, Shanker asked if Sonic isthe Tesla Motors Inc (NASDAQ: TSLA) of dealers; what he...

In a report published Monday, Morgan Stanley analyst Ravi Shanker reiterated an Underweight rating on Group 1 Automotive, Inc. (NYSE: GPI), and raised the price target from $61.00 to $66.00. In the report, Morgan Stanley noted, “Brazil operations have held back the diversification benefits that GPI...

Mobileye NV (NYSE: MBLY) gained more than 6 percent Monday on news that Tesla Motors plans to develop its own self-driving system with part of the technology to be rolled out in three years. Tesla Motors Inc's (NASDAQ: TSLA) Chief Executive Elon Musk told the Japanese newspaper Nikkei Asian Review...

Analysts at Morgan Stanley maintained an Overweight rating and $100 bullish case price target on Mobileye NV (NYSE: MBLY). Analysts feel Mobileye is the only “pure play” in the autonomous driving industry and could achieve 50 percent or more compound annual growth rate (CAGR)....

Analysts at Morgan Stanley initiated an Overweight rating on Mobileye (NYSE: MBLY) Tuesday. Mobileye is a software development company that produces camera-based advanced driver assistance systems (ADAS). Mobileye's proprietary vision algorithm allows the car to see and interpret its...

In a report published Wednesday, Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating on Penske Automotive Group (NYSE: PAG), and raised the price target from $46.00 to $50.00. In the report, Morgan Stanley noted, “PAG is different in many ways from the other dealers we cover. PAG...

In a report published Friday, Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating on Delphi Automotive PLC (NYSE: DLPH) and maintained the $85.00 price target. In the report, Morgan Stanley noted, “The IRS's declaration that DLPH should be treated as a domestic corporation will have...

In a report published Wednesday, Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating on Meritor (NYSE: MTOR), and raised the price target from $12.00 to $15.00. In the report, Morgan Stanley noted, “We believe MTOR can hit its 10% target for FY16, if macro, esp. in emerging markets...

In a report published Tuesday, Morgan Stanley analyst Ravi Shanker reiterated an Underweight rating on Harman International Industries (NYSE: HAR), but removed the $44.00 price target. In the report, Morgan Stanley noted, “Apple formally announced the launch of ‘iOS in a car', now called CarPlay,...

In a report published Wednesday, Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating and $63.00 price target on BorgWarner (NYSE: BWA). In the report, Morgan Stanley noted, “While most of the focus at BWA is trained on the Engine biz (which continues to tick along nicely),...

In a report published Wednesday, Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating and $87.00 price target on TRW Automotive (NYSE: TRW). In the report, Morgan Stanley noted, “The secular power of the TRW story is likely to start shining in 2014 as the company shifts from...

In a report published Wednesday, Morgan Stanley analyst Ravi Shanker reiterated an Underweight rating and $14.00 price target on American Axle & Manufacturing (NYSE: AXL). In the report, Morgan Stanley noted, “For a company with almost no exposure to Europe or the volatile CV cycle and that is...