Equities Research Analysts’ New Coverage for March 4th (ABG, ADNT, AN, APTV, BEP, BWA, CAE, DCH, F, GM)

Equities Research Analysts’ new coverage for Wednesday, March 4th:

Bank of America Corporation assumed coverage on shares of Asbury Automotive Group (NYSE:ABG). The firm issued a buy rating on the stock.

Bank of America Corporation began coverage on shares of Adient (NYSE:ADNT). Bank of America Corporation issued an underperform rating and a $22.00 target price on the stock.

Bank of America Corporation initiated coverage on shares of AutoNation (NYSE:AN). The firm issued a buy rating on the stock.

Bank of America Corporation began coverage on shares of Aptiv (NYSE:APTV). The firm issued a buy rating on the stock.

Canadian Imperial Bank of Commerce assumed coverage on shares of Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP). They issued a sector outperform rating and a $37.00 price target on the stock.

Bank of America Corporation initiated coverage on shares of BorgWarner (NYSE:BWA). The firm issued a neutral rating on the stock.

Stifel Nicolaus initiated coverage on shares of CAE (NYSE:CAE) (TSE:CAE). Stifel Nicolaus issued a buy rating on the stock.

Bank of America Corporation started coverage on shares of American Axle & Manufacturing (NYSE:DCH). The firm issued a neutral rating on the stock.

Bank of America Corporation initiated coverage on shares of Ford Motor (NYSE:F). Bank of America Corporation issued a buy rating and a $17.00 price target on the stock.

Bank of America Corporation started coverage on shares of General Motors (NYSE:GM) (TSE:GMM.U). They issued a buy rating and a $105.00 price target on the stock.

Bank of America Corporation started coverage on shares of Group 1 Automotive (NYSE:GPI). They issued a buy rating on the stock.

LADENBURG THALM/SH SH initiated coverage on shares of Inhibikase Therapeutics (NYSE:IKT). They issued a buy rating and a $4.00 price target on the stock.

Bank of America Corporation initiated coverage on shares of Lithia Motors (NYSE:LAD). The firm issued a neutral rating on the stock.

Robert W. Baird initiated coverage on shares of nLight (NASDAQ:LASR). The firm issued an outperform rating and a $95.00 target price on the stock.

Bank of America Corporation assumed coverage on shares of Lucid Group (NASDAQ:LCID). They issued an underperform rating and a $10.00 target price on the stock.

Bank of America Corporation began coverage on shares of Lear (NYSE:LEA). The firm issued a neutral rating on the stock.

Truist Financial Corporation began coverage on shares of Lennar (NYSE:LEN). The firm issued a hold rating and a $110.00 price target on the stock.

Bank of America Corporation began coverage on shares of Magna International (NYSE:MGA) (TSE:MG). Bank of America Corporation issued a buy rating on the stock.

Truist Financial Corporation assumed coverage on shares of Meritage Homes (NYSE:MTH). The firm issued a buy rating and a $90.00 target price on the stock.

Truist Financial Corporation began coverage on shares of NVR (NYSE:NVR). Truist Financial Corporation issued a hold rating and a $7,700.00 target price on the stock.

Truist Financial Corporation began coverage on shares of PulteGroup (NYSE:PHM). Truist Financial Corporation issued a buy rating and a $170.00 price target on the stock.

DA Davidson assumed coverage on shares of Roblox (NYSE:RBLX). They issued a neutral rating and a $65.00 price target on the stock.

Bank of America Corporation assumed coverage on shares of Rivian Automotive (NASDAQ:RIVN). They issued an underperform rating and a $14.00 price target on the stock.

Bank of America Corporation assumed coverage on shares of Sonic Automotive (NYSE:SAH). The firm issued a neutral rating on the stock.

JPMorgan Chase & Co. initiated coverage on shares of SPX Technologies (NYSE:SPXC). They issued an overweight rating and a $260.00 target price on the stock.

JPMorgan Chase & Co. began coverage on shares of Protara Therapeutics (NASDAQ:TARA). JPMorgan Chase & Co. issued an overweight rating and a $27.00 price target on the stock.

JPMorgan Chase & Co. began coverage on shares of Terex (NYSE:TEX). They issued a neutral rating and a $76.00 target price on the stock.

Truist Financial Corporation initiated coverage on shares of Toll Brothers (NYSE:TOL). They issued a buy rating and a $190.00 target price on the stock.

Bank of America Corporation started coverage on shares of Tesla (NASDAQ:TSLA). Bank of America Corporation issued a buy rating and a $460.00 price target on the stock.