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The Tesla Surge Early Reaction: Jefferies Says To Hold Off On Celebrating, Horwitz Says To Sell While Stock Higher
Thursday, October 24, 2019 - 10:01am | 426Read More...Electric automaker Tesla Inc (NASDAQ: TSLA) surprised investors with an unexpected third-quarter profit Wednesday afternoon. One Street analyst is urging investors not to celebrate yet, while one strategist said Tesla's stock is among the most overvalued in the market. Jefferies: Don't...
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Analysts Read Into Tesla Layoffs As Investors Pull Back
Friday, January 18, 2019 - 2:15pm | 722Read More...Tesla Inc (NASDAQ: TSLA)’s plan to bolster Model 3 margins and support sales of $35,000 versions doesn’t seem to sit well with investors. The stock was trading down nearly 11 percent at the time of publication Friday after the automaker announced thousands of layoffs....
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Jefferies Upgrades Tesla To Buy On Capacity To Self-Fund, Potential To Split With Musk
Friday, December 7, 2018 - 11:02am | 425Read More...Tesla Inc (NASDAQ: TSLA) finally proved itself last quarter — and in the process convinced one analyst team to get in the company’s corner. The Rating Jefferies analysts Philippe Houchois and Ashik Kurian upgraded Tesla to Buy and raised their price target from $360 to $450. The Thesis...
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Jefferies: 5 Factors Protecting Tesla Model 3 Margins
Wednesday, November 28, 2018 - 11:13am | 389Read More...Tesla Inc (NASDAQ: TSLA) has managed to hold its post-earnings gains over the last month, and some on the Street think the stock remains undervalued. The Analyst Jefferies analyst Philippe Houchois maintained a Hold rating on Tesla with a $360 price target. The Thesis Jefferies assumes...
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Ford's Stock Has Best Day In 7 Years After Delivering Results Where It 'Matters Most'
Thursday, October 25, 2018 - 3:49pm | 592Read More...Ford Motor Company (NYSE: F) reported mixed third-quarter results Wednesday, but that didn't stop investors form buying up the stock. Shares closed higher by 9.9 percent at $8.99. That's the biggest move for the stock since Aug. 9, 2011, when shares jumped about 10 percent from $9.78 to $10...
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Ford's 'Fortress' Balance Sheet, Accelerated Targets Win Over Jefferies
Tuesday, May 29, 2018 - 1:48pm | 392Read More...More than half of Ford Motor Company (NYSE: F) analysts have Holds on the stock — a fact that startled Jefferies into an upgrade. “Rarely have we seen an OEM generate so little passion,” the firm’s analysts said Tuesday. The Rating Jefferies’ Philippe Houchois and...
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Jefferies Upgrades Tesla On Probability Of 'Drastic Action'
Monday, April 2, 2018 - 11:23am | 393Read More...Expectations for Tesla Inc (NASDAQ: TSLA)’s first quarter are low, and that might be a good thing. The Rating Jefferies analyst Philippe Houchois upgraded Tesla to Hold with a $250 price target. The Thesis For Jefferies, the bad news is largely baked in. Houchois said he expects Tesla to...
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The Future Of Trucking? Wall Street Weighs In On Tesla Semi, Roadster Unveiling
Friday, November 17, 2017 - 3:02pm | 1055Read More...The reveal of Tesla Inc (NASDAQ: TSLA)'s Semi and Roadster met wide enthusiasm. J B Hunt Transport Services Inc (NASDAQ: JBHT) and Wal-Mart Stores Inc (NYSE: WMT) pre-ordered the electric truck within the first 24 hours, and Tesla’s stock spiked as much as 4.3 percent. But the Street,...
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Considering The Possibilities Of A Fiat Chrysler Break Up
Wednesday, August 23, 2017 - 12:01pm | 401Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) was trading higher Wednesday on news suggesting a potential spinoff of its Maserati line and other parts. Jefferies analysts Philippe Houchois and Ashik Kurian had been excited even ahead of reports, when the market passed mere speculation of interest by...
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Ferrari Moves Into 'Top 3' Position At Morgan Stanley
Monday, May 8, 2017 - 3:33pm | 646Read More...Commenting on Ferari N.V. (NYSE: RACE) first-quarter results, Morgan Stanley said the company is moving into its "Top Three Pick." Meanwhile, Jefferies views the results as guaranteeing the company delivering on its $1 billion EBITDA target earlier than it planned. Third-Highest Ranked Auto Stock...
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Jefferies On General Motors: 'Red Flags Continue To Accumulate'
Thursday, April 6, 2017 - 11:52am | 368Read More...“We continue to see low probability of General Motors Company (NYSE: GM) re-rating as red flags continue to accumulate, with only valuation supporting the shares,” Jefferies' Philippe Houchois said in a note. While maintaining a Hold rating and a price target of $36, the analyst added...
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Here's Why Ferrari Shares Are A Buy
Monday, March 13, 2017 - 9:23am | 304Read More...Ferrari NV (NYSE: RACE) combines the best features of the luxury goods industry and the auto industry and “is peerless,” Jefferies’ Philippe Houchois said in a report. He expects the company to “grow EPS at twice the pace of revenue” over the next five years, given...
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Ford's Bad News Has Been Sufficiently Priced In Over Last 6 Months
Friday, February 10, 2017 - 12:10pm | 361Read More...Jefferies has upgraded Ford Motor Company (NYSE: F) to Hold from Underperform, saying the automaker’s “bad news has been more than dissected in the last six months and sufficiently priced-in.” Despite acknowledging cyclical risks, analyst Philippe Houchois noted that Ford’s...
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Jefferies Initiates Volkswagen At Underperform, Expects Muted Impact From Restructuring
Tuesday, August 9, 2016 - 10:48am | 243Read More...Volkswagen AG (ADR) (OTCMKTS: VLKAY) would likely record flat pre-restructuring operating earnings in 2017-2018, with restructuring efforts being offset by markets and forex, Jefferies’ Philippe Houchois said in a report. He initiated coverage of the company with an Underperform rating and...
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Jefferies Initiates Fiat Chrysler At Buy, Sees Potential For High Cash Return
Tuesday, August 9, 2016 - 8:24am | 379Read More...Jefferies’ Philippe Houchois believes Fiat Chrysler Automobiles NV (NYSE: FCAU) offers “an interesting high risk/reward mix of product-related self-help, high equity leverage and strategic optionality as management continues to explore ways to reduce capital intensity and optimise...















