Showing posts with label Magna International. Show all posts
Showing posts with label Magna International. Show all posts

Tuesday, August 9, 2011

Magna (MGA) (SPH) (EIX) (PG) (PKD) Price Targets Changed

Magna International Inc. (NYSE: MGA), Suburban Propane Partners, L.P. (NYSE: SPH), Edison International (NYSE: EIX), Procter & Gamble (NYSE: PG) and Parker Drilling Company (NYSE: PKD) price targets adjusted by analysts.

Magna International Inc. (MGA) had its price target lowered by Deutsche Bank (NYSE:DB) from $57.00 to $55.00. They have a “Hold” rating on the company.

Suburban Propane Partners, L.P. (SPH) had its price target lowered by Barclays Capital from $53.00 to $47.00. They have an “Underweight” rating on the company.

Edison International (EIX) had its price target lowered by Deutsche Bank from $45.00 to $43.00. They have a “Buy” rating on the company.

Procter & Gamble (PG) had its price target lowered by Deutsche Bank from $72.00 to $70.00. They have a “Buy” rating on the company.

Parker Drilling Company (PKD) had its price target raised by Barclays Capital from $6.00 to $8.00. They have an “Equal Weight” rating on the company.

Monday, May 16, 2011

Ratings on (MASI) (MGA) (TKC) (VTAL) Downgraded

Ratings on Masimo Corp (NASDAQ: MASI), Magna International Inc. (NYSE: MGA), Turkcell Iletisim (NYSE: TKC) and Vital Images, Inc. (NASDAQ: VTAL) were downgraded by analysts.

Lazard Capital downgraded Masimo Corp (MASI) from a “buy” rating to a “neutral” rating.

Citigroup (NYSE:C) downgraded Magna International Inc. (MGA) from a “buy” rating to a “hold” rating.

Goldman Sachs (NYSE:GS) downgraded Turkcell Iletisim (TKC) from a “neutral” rating to a “sell” rating.

Craig Hallum downgraded Vital Images, Inc. (VTAL) to an “accumulate” rating.

Wednesday, May 11, 2011

EPS on (ATVI) (GMCR) (LPX) (MGA) (NVDA) Updated

EPS estimates on Activision Blizzard Inc (NASDAQ: ATVI), Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), Louisiana-Pacific Co. (NYSE: LPX), Magna International Inc. (NYSE: MGA) and NVIDIA (NASDAQ: NVDA) updated by analysts.

UBS AG (NYSE:UBS) raised their EPS estimate on Activision Blizzard Inc (ATVI). They have a “buy” rating and a price target of $14.00 on the company.

Bank of America (NYSE:BAC) raised their EPS estimate on Green Mountain Coffee Roasters Inc. (GMCR). They have a “buy” rating and a price target of $90.00 on the company.

UBS AG (NYSE:UBS) cut their EPS estimate on Louisiana-Pacific Co. (LPX). They have a “sell” rating and a price target of $7.25 on the company.

Goldman Sachs (NYSE:GS) raised their EPS estimate on Magna International Inc. (MGA). They have a “neutral” rating and a price target of $58.00 on the company. That's up from $57.00.

UBS AG raised their EPS estimate on NVIDIA (NVDA). They have a “neutral” rating and a price target of $20.00 on the company.

Monday, May 9, 2011

Big Movers (BAK) (ROSE) (MGA) (SAPE) (BWA) on May 6

Among the big, positive movers on Friday, May 6, were Copene-Petroquimica (BAK), Rosetta Resources (ROSE), Magna International (MGA), Sapient Corp. (SAPE) and Borgwarner Inc. (BWA).

Copene-Petroquimica (BAK) jumped $1.88, to close at $27.51, a gain of 7.34 percent.

Rosetta Resources (ROSE) was up $1.83 on the day to close at $41.10, a gain of 4.66 percent.

Magna International (MGA) climbed $1.82 to close at $52.07, a gain of 3.62 percent.

Sapient Corp. (SAPE) rose $1.82 to close the session at $13.79, a gain of 15.20 percent.

Borgwarner Inc. (BWA) was up $1.82 to end the day at $76.27, a gain of 2.44 percent.

Wednesday, December 29, 2010

Johnson Controls (NYSE:JCI), TRW (NYSE:TRW), Magna (NYSE:MGA), Superior Industries (NYSE:SUP) Top Auto Parts Picks for S&P

With the auto industry expected to improve and grow next year, those manufacturing auto parts like Johnson Controls (NYSE:JCI), TRW (NYSE:TRW), Magna International (NYSE:MGA) and Superior Industries International (NYSE:SUP) are expected to continue to grow at a quick pace.

Standard & Poor’s equity analyst Ephraim Levy said, “Emerging markets are becoming more attractive to parts manufacturers due to lower labor costs for manufacturing and engineering and/or due to growing demand in local and regional markets.”

As of December 23, Levy notes that auto parts and equipment companies are up 55 percent so far in 2010, and many of those companies should continue to do well in 2011.

Superior Industries International was trading at $21.59, down $0.05, or 0.23 percent, as of 1:23 PM EST. Magna International was at $52.36, gaining $0.52, or 1.00 percent. TRW Automotive was trading at $52.60, up $1.03, or 2.00 percent. Johnson Controls was at $38.44, up $0.45, or 1.18 percent.

Monday, November 22, 2010

Bank of America (NYSE:BAC) Removes Ford (NYSE:F) From "US-1" List

Bank of America (NYSE:BAC) has reportedly removed Ford (NYSE:F) from their "US-1" list, while adding Magna International (NYSE:MGA) to the list.

Ford got battered after the news came out earlier in the trading session but has rebounded back to where they were when the reports came out.

They are trading at $16.50, up by $0.22, or 1.35 percent at 11:49 AM EST. That's where they were trading when they were found to be removed from Bank of America's list.

Ford also is expected to be net cash positive sometime in 2011.