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Goldman Sachs Upgrades Fiat Chrysler Automobiles NV (FCAU) to Conviction Buy

collected by :John Locas

follow the latest news about business from different sites most famous technicals /Eunice Gettys by 2017-01-08 at 22:14

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CES 2017: Ford Motor Company (F) To Unveil Next-Gen Fusion Hybrid; While Fiat Chrysler Automobiles NV (FCAU) & Alphabet Inc (GOOGL) Partner

CES 2017: Ford Motor Company (F) To Unveil Next-Gen Fusion Hybrid; While Fiat Chrysler Automobiles NV (FCAU) & Alphabet Inc (GOOGL) Partner*/

– Published By: Eunice Gettys on January 3, 2017 08:36 am ESTLast week, news emerged that Ford Motor Company (NYSE:F) is growing its fleet of Fusion hybrid autonomous research vehicles to 30 cars from 10, currently.The vehicles have experienced several technological advancements including the ability to drive on snow-covered roads and also in the dark without the help of headlights.In a few days at the CES 2017 and North American International Auto Show, the Detroit-based car maker will now be pulling the curtains of the next-generation of Fusion hybrid vehicles which will be added to the self-driving testing vehicle fleet.
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Fiat Chrysler Automobiles NV (FCAU) Introduces Self-Driving Electric Car for Millennials

Fiat Chrysler Automobiles NV (FCAU) Introduces Self-Driving Electric Car for Millennials*/

– Fiat Chrysler Automobiles NV (NYSE:FCAU) introduced its latest battery powered Electric Vehicle (EV) at this week’s Consumer Electronics Show (CES), held in Last Vegas.According to Teslarati, Chrysler’s press release indicates that the car has been designed by the millennials, specifically for the millennials.Consequently, FCAU impressed its investors significantly, depicted by positive share-price momentum of more than 6% during active trading yesterday.
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Fiat Chrysler Automobiles NV (FCAU) Rating Lowered to Hold at Zacks Investment Research

Fiat Chrysler Automobiles NV (FCAU) Rating Lowered to Hold at Zacks Investment Research*/

– Fiat Chrysler Automobiles NV (NYSE:FCAU) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.According to Zacks, “Fiat Chrysler Automobiles NV operates as an international automotive company.It is engaged in designing, engineering, manufacturing, distributing and selling vehicles and components and production systems.
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Goldman Sachs Upgrades Fiat Chrysler Automobiles NV (FCAU) to Conviction Buy

Goldman Sachs Upgrades Fiat Chrysler Automobiles NV (FCAU) to Conviction Buy*/

– Goldman Sachs upgraded Fiat Chrysler Automobiles NV (NYSE: FCAU) from Buy to Conviction Buy with a price target of $17.50 (from $10.60).Analyst Stefan Burgstaller maintains Buy rating on Fiat Chrysler Automobiles and adds the name to Goldman’s Conviction Buy List.Burgstaller believes the market is skeptical of Fiat’s earnings prospects and believes consensus is underestimating the company’s ability to improve its NAFTA price-mix.
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