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☆ China auto stock to rebound by 45% amid market rout, Deutsche Bank says
▼ + stars: | 2024-02-06 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Investors have an attractive entry point for Li Auto after a recent sell-off, said Deutsche Bank. His new target implies shares can surge 46.4% over the next year from Monday's closing level. LI KWEB 3M mountain Li Auto vs. the ETF, 3-months This underperformance comes despite Li having a "best-in-class" management team, the analyst said. Yu noted he used a lower multiple for Li Auto given the broader de-rating across Chinese ADR shares and global electric vehicle makers. Li shares popped more than 6% in early trading Tuesday.

Persons: Li, Edison Yu, Yu, Yu's Organizations: Li Auto, Deutsche Bank, CSI China Internet, Li Locations: U.S, China, Shanghai

He also said that Flywire trading at a discount of about 25% is "unwarranted given the company's strong competitive position and organic revenue growth trajectory." "These risks along with a tough demand setting is likely to remove any support for the stock price." — Alex Harring 5:29 a.m.: BTIG moves to sidelines on McDonald's after earnings BTIG has a different taste in its mouth about McDonald's following earnings. The bank upgraded the delivery giant to buy from neutral and hiked its price target to $175 from $160. "We expect management to deliver a strong cost reduction program to support margin expansion and attractive EPS growth despite facing a backdrop of muted revenue growth," analyst Thomas Wadewitz wrote.

Persons: Flywire, Nate Svensson, That's, Svensson, — Alex Harring, Gross, Manav Gupta, Gupta, Jairam Nathan, Nathan, Tesla, Li, Edison Yu, Yu, Piper Sandler, Arvind Ramnani, Chegg, Ramnani, Alex Harring, Tyler Radke, Palantir, Radke, BTIG, Peter Saleh, Saleh, McDonald's, Thomas Wadewitz, Wadewitz, Fred Imbert Organizations: CNBC, Parcel Service, Deutsche Bank, UBS, Leadership, Li Auto, KraneShares CSI China Internet, Citi, Wall, Revenue, UPS Locations: Tuesday's premarket, Monday's, U.S, Israel

☆ Deutsche Bank sees 140% upside from this little-known electric flying vehicle stock
▼ + stars: | 2024-01-17 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Deutsche Bank is remaining bullish on aerial mobility company Archer Aviation in 2024. Joby Aviation is developing a similar electric flying vehicle that will also operate as an air taxi vehicle. The stock has been volatile since Deutsche first called it a top pick in November , which maintained the same $12 per share price target. ACHR mountain 2023-11-01 Archer Aviation stock since November. Roughly 39 million shares of Archer stock are being sold short, according to data from FactSet, or more than 21% of the floating shares.

Persons: Archer, Edison Yu, Yu, Archer's, Joby Organizations: Deutsche Bank, Archer Aviation, NASDAQ, Joby Aviation, Federal Aviation Administration, U.S . Air Force, Deutsche Locations: Archer

☆ Deutsche Bank says this electric flying vehicle stock will more than double in the next 12 months
▼ + stars: | 2023-11-13 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Deutsche Bank says Archer Aviation's strong cash balance makes the stock a top pick among electric vertical take-off and landing companies (eVTOL). The bank reiterated a top pick recommendation on Archer in a Monday note and maintained a $12 per share price target. Its eVTOL vehicles are meant for city taxi transport service, and Archer forecasts commercial vehicles will begin flying in 2025. "Overall, Archer remains our favorite name in the group and we maintain our $12 price target." Yu added that Archer's cash balance remains strong and said capital will remain robust into the near future.

Persons: Archer, Edison Yu, Joby, Yu, — CNBC's Michael Bloom Organizations: Deutsche Bank, Archer Aviation, Midnight, US Air Force Locations: Europe

☆ Deutsche Bank says this Chinese EV stock will recapture its momentum, rally 28%
▼ + stars: | 2023-08-11 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Chinese electric car brand Nio is in the middle of a big turnaround that can push the stock up as much as 28%, according to Deutsche Bank. Analyst Edison Yu was impressed by the jump in deliveries last month as well as its improved operations. Nio said its July deliveries totaled 20,462, up 103.6% year over year and nearly double the June figure of 10,707 cars. Deutsche Bank expects the company can continue the rally amid the increase in unit sales as well as gross margin. "We think the stock can finally recapture momentum after being a relative laggard all year and also see some small potential for strategic optionality," Yu said.

Persons: Edison Yu, Nio, Yu, — CNBC's Michael Bloom, Evelyn Cheng Organizations: Deutsche Bank Locations: Abu Dhabi

☆ Wall Street praises Rocket Lab's performance and sees stock climbing: 'Yet another strong quarter'
▼ + stars: | 2023-08-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

Wall Street was largely effusive about Rocket Lab's execution and growth, as analysts reacted to the space company's second-quarter results from Tuesday. Rocket Lab stock slid about 4% in early trading on Wednesday, after rising as much as 10% in premarket, from its previous close at $6.66 a share. Here's what analysts had to say about Rocket Lab's performance. Morgan Stanley — Overweight, $10 price target The firm's Kristine Liwag believes Rocket Lab stock "still has room to run" despite climbing about 70% so far this year. Roth Capital – Buy, $10 price target Analyst Suji Desilva also emphasized Rocket Lab's "steady launch execution" and expansion toward becoming an "end-to-end vendor" in the space market.

Persons: Ron Epstein, Epstein, Edison Yu, Morgan Stanley —, Kristine Liwag, Liwag, Stifel, Erik Rasmussen, Rasmussen, Roth, Suji Desilva, Jason Gursky, Gursky, Michael Bloom Organizations: Rocket, Bank of America, Deutsche, Citi Locations: premarket, U.S

☆ Rocket Lab's stock has doubled this year — and Deutsche Bank sees it climbing even higher
▼ + stars: | 2023-07-19 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Rocket Lab's stock has been on a tear, more than doubling this year. Deutsche has a buy rating on Rocket Lab and a $10 price target that is nearly 28% above Tuesday's close of $7.83 a share. Rocket Lab's stock is up 107% year to date. Deutsche expects Rocket Lab's revenue and profitability to continue to climb, thanks to more launches by its Electron rocket. Additionally, Yu highlighted Rocket Lab's recent purchase of former Virgin Orbit assets — bought at an 80% discount in an auction.

Persons: Edison Yu, Yu, —, – CNBC's Michael Bloom Organizations: Deutsche Bank, Rocket, Deutsche, Space, Electron, Apple, SpaceX, United Launch Alliance, Virgin Orbit

☆ China doesn't want American cars anymore — that's bad news for Ford and GM
▼ + stars: | 2023-04-22 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +4 min

American car companies' sales in China have been on a steady decline. "The market has totally changed," Ford CEO Jim Farley said about ChinaWithout China, American car companies will likely lean into US electric vehicle sales. Some of this can be attributed to Chinese car companies' ability to build better and cheaper cars, especially EVs, that consumers are keen to buy. Car companies will double down on US buyers and EVsAs the industry bounced back from the Great Recession, and China became the fastest-growing (and EV friendly) car market in the world, American car companies rushed to enter the market. The China vs America face-off is at a stalemate – for nowWhile American companies lose ground in China, there is a bright spot.

The steep drop in fresh capital has left many companies in a vulnerable state, while the failure of Silicon Valley Bank, a leading provider of venture debt, has added to the challenge, a report by venture capital (VC) firm Space Capital said on Thursday. Space Capital's report, coming on the heels of a Chapter 11 filing from Richard Branson's Virgin Orbit Holdings Inc, tracked 89 companies active in the sector. The risk threshold to invest in space companies was much higher earlier, but given recent market uncertainty, investors may not be as risk-loving and space being a nascent sector, many are dialing back, Deutsche Bank analyst Edison Yu told Reuters separately. However, Space Capital added that companies in emerging industries, like those associated with the National Aeronautics and Space Administration's Artemis mission to the Moon are seeing an increased interest. Reuters GraphicsReporting by Akash Sriram and Tanya Jain in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

☆ Deutsche Bank downgrades Joby, says risks to electric aircraft stock are being overlooked
▼ + stars: | 2023-03-07 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Investors may be overlooking risks in Joby Aviation , a company known for making electric aircrafts, Deutsche Bank warned. Analyst Edison Yu downgraded the stock to sell from hold. Yu noted that the weight of the aircraft has raised questions and led him to wonder if the design is "overly aggressive." He also said there is not good visibility on the regulation and certification process for its aircraft with different parts of the project at different stages. But Yu did note the company is considered a leader in the space despite those caveats.

☆ Stocks making the biggest moves midday: Rivian, Delta, Snap, Dish Network and more
▼ + stars: | 2023-03-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

United Airlines — United Airlines gained 4.4%, as the broader airline space got a boost after the Justice Department sued to block JetBlue's acquisition of American Airlines. Snap — The tech company's stock gained 4.1%, adding to the 13% it gained on Monday. Dish Network -- The stock climbed 7.4% after Dish co-founder and Executive Vice President James DeFranco disclosed the purchase of 1.45 million shares. DXC Technology — Shares fell 4.5% after DXC Technology said talks of a possible acquisition of the information technology company by a financial sponsor were terminated. Bank stocks — Bank stocks fell after Fed Chair Jerome Powell suggested that rates may need to go higher for longer.

☆ China doesn't need to sell a single car in the US to dominate the American electric car market
▼ + stars: | 2023-01-26 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Chinese carmakers have a massive, domestic EV battery supply chain to lean on. That's a huge advantage for those companies in the global market. And given the number of Chinese buyers, those sales made up about two-thirds of the global EV market. EV companies like Geely, Xpeng, Li Auto, NIO, and more are gaining traction. Even if others catch up, China will continue to dominate global EV sales this year, according to GlobalData.

☆ Nio's new electric car models probably won't be 'super earth-shattering,' analyst says
▼ + stars: | 2022-12-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNio's new electric car models probably won't be 'super earth-shattering,' analyst saysEdison Yu of Deutsche Bank Research discusses Nio's line-up of new electric car models.

☆ Deutsche Bank says buy Nio, predicts shares can rally more than 70% as delivery volumes speed up
▼ + stars: | 2022-12-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Delivery volumes are gaining speed, and that could be a good thing for shares of Nio , Deutsche Bank said Thursday. Analyst Edison Yu opened a catalyst buy call on the electric vehicle stock, expecting an uptick in monthly sales for December. "Considering cumulative deliveries were 274,000 exiting Nov, this suggests production is ramping up nicely and 4Q guidance is very much achievable (43,000-48,000 units)." At its annual "Nio Day" later this month, the company should also reveal two new vehicle models, which Yu expects consumers to like. Despite a 62% slump this year, Nio shares could rally about 74% from Wednesday's close given the bank's $21 price target suggest.

☆ Investing in Space: A launch guide
▼ + stars: | 2022-11-25 | by ( Michael Sheetz | ) www.cnbc.com time to read: +2 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Earlier this year, Astra set out to launch a mission with its now-discontinued Rocket 3.3 vehicle. While that rocket would launch three days later (and suffer a mid-flight failure for a separate reason), that February abort sent Astra's stock down 13%. Stage: The sections of the rocket, typically identified as first or lower, second or upper, and so on. Scrub: Postponing a countdown and no longer attempting to launch at the previously set time.

☆ Deutsche sees two satellite imagery plays with 'growth similar to software companies'
▼ + stars: | 2022-11-07 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

Deutsche began coverage Monday of a pair of satellite imagery ventures, saying the space stocks have potential for "growth similar to software companies." The firm issued buy ratings for Planet and BlackSky , with Deutsche analyst Edison Yu noting that both companies are "generating substantial revenue now." Deutsche has a $7 price target on the stock, representing a 32% climb from current levels. Deutsche noted that "BlackSky has been more inconsistent operationally," but the company's software and "lucrative" government contracts "ultimately make it an attractive strategic target given the current depressed valuation." Deutsche has a $3 price target on BlackSky shares, essentially double their current trading level – with the stock down 63% this year.

☆ 10 top crypto tokens, plus the rising stars of equity research
▼ + stars: | 2021-05-02 | by ( Business Insider | ) www.businessinsider.com time to read: +2 min

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