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Why Deutsche Bank Downgraded Ford
Monday, December 15, 2014 - 9:26am | 212Read More...Deutsche Bank's Rod Lache on Monday downgraded shares of Ford Motor Company (NYSE: F) to Hold from Buy with a $16 price target. Shares of Ford were trading 7 percent away from Lache's $16 price target, implying a more cautious approach towards investing in shares of Ford (and the overall U.S. auto...
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UPDATE: Deutsche Bank Upgrades Mobileye On Solid Upside
Thursday, December 4, 2014 - 9:35am | 156Read More...In a report published Thursday, Deutsche Bank analyst Rod Lache upgraded the rating on Mobileye NV (NYSE: MBLY) from Hold to Buy, and reiterated the $53.00 price target. In the report, Deutsche Bank noted, “We lowered our recommendation on Mobileye to Hold from Buy in early Sept based on valuation...
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Deutsche Bank Comments On November U.S. Auto Sales, GM Still Market Share Leader
Tuesday, November 25, 2014 - 3:31pm | 283Read More...Rod Lache of Deutsche Bank commented in a note that U.S. Seasonally Adjusted Annual Rate (SAAR) is tracking at 16.6 million units so far in November, representing a 5.8 percent improvement in absolute units from a year ago, despite fewer selling days. Lache adds that his November projections...
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Deutsche Bank Reviews The Auto Sector
Wednesday, November 12, 2014 - 3:19pm | 479Read More...Rod Lache of Deutsche Bank reviewed the auto sector in a note to clients on Wednesday. Automakers: Q3 Results In-Line, Free Cash Flow In Focus General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F) both issued third quarter results in line with Lache's expectations. The...
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Deutsche Bank Discusses U.S. Auto Sales
Tuesday, November 4, 2014 - 12:12pm | 528Read More...Deutsche Bank issued a report on U.S. auto sales Tuesday along with current ratings and price targets. “The October U.S. light vehicle Seasonally Adjusted Annualized Rate (SAAR) came in at 16.3MM (units up 6.0 percent yoy), in-line with our 16.4MM estimate,” according to analyst Rod...
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Morgan Stanley: 'Something's Not Right' At General Motors
Saturday, October 25, 2014 - 10:57am | 288Read More...General Motors Company's (NYSE: GM) third-quarter results may have sounded at first blush a tad better than reality, while an analyst questioned whether the company is positioning itself for big upcoming changes in the sector. GM closed Friday down nearly 3 percent at $30.04 a share. Morgan Stanley...
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Deutsche Bank: General Motors Executing Well But Macro Headwinds Still A Concern
Friday, October 24, 2014 - 8:58am | 267Read More...General Motors Company (NYSE: GM) earned $0.97 per share during its third quarter with a healthy EBIT of $2.058 billion. Despite the fact that the company posted respectable results across most geographic regions, some analysts are taking a cautious approach. On Friday, Rod Lache of Deutsche...
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UPDATE: Deutsche Bank Upgrades BorgWarner On Compelling Valuation
Friday, October 17, 2014 - 8:47am | 149Read More...In a report published Friday, Deutsche Bank analyst Rod Lache upgraded the rating on BorgWarner Inc. (NYSE: BWA) from Hold to Buy, and raised the price target from $63.00 to $69.00. In the report, Deutsche Bank noted, “BorgWarner's shares have declined in conjunction with the broader Auto/Auto...
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Deutsche Bank Assumes Cautious Tone Over Auto Sector Heading Into Earnings
Monday, October 13, 2014 - 1:45pm | 479Read More...Rod Lache of Deutsche Bank released an earnings preview for autos and auto-part companies. The Street has grown more "cautious" over auto manufacturers and auto-part suppliers and Lache does not expect the coming third-quarter earnings season to "allay" investors'...
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U.S. Dollar Makes New High As Money Flows Out Of Commodities
Tuesday, September 30, 2014 - 5:03pm | 515Read More...The U.S. dollar shot higher Tuesday as stocks and commodities continued their trek lower. The Dow Jones Industrial Average fell 28.3 points, or 0.17 percent, to close at 17,043. The S&P 500 dropped 5.5 points, or 0.28 percent, to close at 1,972. The Nasdaq gave up 12.5 points, or 0....
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UPDATE: Deutsche Bank Reiterates On Ford Motor Company On Valuation
Tuesday, September 30, 2014 - 9:53am | 119Read More...In a report published Tuesday, Deutsche Bank analyst Rod Lache reiterated a Buy rating on Ford Motor Company (NYSE: F), but lowered the price target from $20.00 to $18.00. In the report, Deutsche Bank noted, “The company appears to be increasingly focused on ways to leverage their benchmark new...
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UPDATE: Deutsche Bank Downgrades Mobileye NV
Wednesday, September 10, 2014 - 8:00am | 142Read More...Mobileye NV (NASDAQ: MBLY) was downgraded by analysts at Deutsche Bank in a report Wednesday morning to Hold from Buy, while maintaining a $53.00 price target. Analyst Rod Lache cited valuation concerns as the main driver of the downgrade, following the recent rally in shares. "The...
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Deutsche Bank Sees Positive Takeaways From Eagle Ottawa Acquisition For Lear
Thursday, August 28, 2014 - 9:08am | 153Read More...In a report published Thursday, Deutsche Bank analyst Rod Lache reiterated a Hold rating and $103.00 price target on Lear (NYSE: LEA). In the report, Deutsche Bank noted, “Lear officially announced an agreement to acquire of Eagle Ottawa, the world's largest manufacturer of Automotive leather, for...
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UPDATE: Deutsche Bank Initiates Coverage On Mobileye
Tuesday, August 26, 2014 - 11:42am | 244Read More...Analysts at Deutsche Bank initiated Mobileye (NYSE: MBLY) with a Buy rating and $45 price target. Mobileye is the leading provider of vision-based active safety software in the automotive industry. Rod Lache of Deutsche Bank sees Mobileye as the leader in the vision technology industry. Lache...
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Deutsche Bank Believes Warranty Costs Are Likely To Decline For Tesla Motors
Monday, August 18, 2014 - 9:33am | 191Read More...In a report published Monday, Deutsche Bank analyst Rod Lache reiterated a Buy rating and $310.00 price target on Tesla Motors (NASDAQ: TSLA). In the report, Deutsche Bank noted, “Tesla announced that they are expanding the warranty on the 85 kWh version of their Model S to 8-years and unlimited...




