Auto Parts & Equipment

Deutsche Bank made a number of updates in a research report published today. Magna International (NYSE: MGA) had its rating reiterated at Hold. At the same time, its price target was reduced from $57 to $55. On Friday, MGA lost 10.92% of its value to end the day at $39.42....

Deutsche Bank has lowered the price target on Magna International (NYSE: MGA) from $57 to $55 and maintains its Hold rating.

CoreLogic (NYSE: CLGX) is trading down over 27% after being cut to Neutral at Bank of America. Brocade Communications (NASDAQ: BRCD) is trading down over 27% after being cut to Market Perform at Oppenheimer. Pacific Biosciences (NASDAQ: PACB) is trading down over 19.9% after being cut to Neutral at...

According to Goldman Sachs, Lear Corp (NYSE: LEA), PT and EPS estimates have been revised. Goldman Sachs has changed their EPS estimates from $5.52 to $5.60 for FY11, from $6.81 to $6.70 for FY12, and from $7.35 to $7.23 for FY13. PT has been decreased from $68 to $66 and rating is reiterated as...

Goldman Sachs has lowered the price target on Lear Corporation (NYSE: LEA) from $68 to $66 and maintains its Buy rating.

Magna International Inc (NYSE: MGA) reported a 4% drop in its second-quarter earnings. Magna reported its quarterly earnings at $282 million or $1.15 per share, down from $294 million, or $1.30 per share, in the year-ago period. Its sales came in at $7.34 billion, versus analysts' estimates of $7....

Below are the top recreational vehicles stocks on the NYSE in terms of revenue. The trailing-twelve-month revenue at Harley-Davidson Inc (NYSE: HOG) is $5.07 billion. HOG's PEG ratio is 0.99. The trailing-twelve-month revenue at Thor Industries Inc (NYSE: THO) is $2.65 billion. THO's ROE for the...

Introduction This article is Part 6 of a 7-part series that is looking at the incredible opportunity that a cyclical company can represent as earnings recover coming out of a recession. A primary objective of this series of articles is to illustrate that price drops of well-established companies...

J.P. Morgan is out with its report today on TRW Automotive (NYSE: TRW), lowering its PT from $74 to $70. In its report, J.P. Morgan writes, "We maintain our Overweight rating given TRW's prudent balance sheet management and aggressive cost containment. We see the stock as a hidden growth story and...

Jefferies made a number of rating and price target changes in a research report published today. AstraZeneca PLC (NYSE: AZN) had its rating upgraded from Underperform to Hold. On Wednesday, AZN lost 0.34% of its value to finish the day at $47. Its shares continued to slide in today's pre-market...

JP Morgan has lowered the price target on TRW Automotive (NYSE: TRW) from $74 to $70 and maintains its Overweight rating.

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Marathon Oil (NYSE: MRO) recently reported “disappointing earnings results. I'd like Carrizo Oil & Gas (NASDAQ: CRZO) over Marathon." He said that Apache (NYSE: APA) is “great, it's got a great growth profile. Keep in mind,...

MasterCard Inc (NYSE: MA) reported a 33% rise in its second-quarter profit. MasterCard reported its quarterly profit at $608 million, or $4.76 per share, up from $458 million, or $3.49 per share, in the year-earlier period. However, analysts were expecting earnings of $4.22 per share. Its net...

TRW Automotive Holdings Corp (NYSE: TRW) reported a 29% surge in its second-quarter earnings and raised its full-year sales forecast. TRW reported its quarterly profit at $293 million, or $2.21 per share, up from $227 million, or $1.78 per share, in the year-ago period. Excluding one-time items,...

J.P. Morgan Chase & Co. is out with a research report on Tenneco Automotive (NYSE: TEN) and it has a Neutral rating and a $55 price target on shares. In a note to clients, J.P. Morgan Chase & Co. writes, "Despite a 2Q beat, TEN's stock price fell 3% intraday Friday (vs. S&P 500 decline...