matt cheslock joined us on the floor of new york stock exchange from virtue. talk about the moves today and imperial capital upgraded las vegas sands to outperform from inline. thinking the next catalyst will probably be positive and that valuations will increase. the target they have is $62 which indicates 40% upside on this. >> i'm with them probably the short term. i think july revenues is weak. i think putting a lot of eggs in basket for them alone and the numbers at the beginning of september and reasonable to think to see $48 in this. i don't see 62 but i see 48. >> they believe that gaining revenues up as much as 10% in august. >> i like that call. >> key bank downgrading one of the largest automotive chains in the united states. group 1 automotive. the shares fairly value at this time. do you believe that around $54? >> yeah. i think so. one thing to think, this analyst with a buy of 44. it's gone to 54. making a pretty good call and valuation levels and the market likes what he said today as far as trusting him because the stock's down so i'll go with

. >> let's bring in matt cheslock. where are you finding opportunity in this very low volume or low volatility market? >> good point. low volume, as well. one point and bob saying that if there's a reversal, won't happen on much. we are seeing huge outflows of u.s. equity funds and important to note, as well. so what i'm looking at, defensive as anyone else. etfs is a way to spread your risk and ai think that's one way to bray it. >>> okay. bwm is interesting jumping in to the rental market on the west coast. in fact, starting today in the city of san francisco bmw is operating a share car service. might seem strange for bmw. phil lebeau is live in chicago. phil? >> reporter: this is a problem that bmw quietly launched about two months ago and good reception in san francisco called the drive now program and essentially it works like any other car share program although obviously it's only luxury bmws for rent. specifically the active e electric sedans and looking at the drive now program, it operates very similar to ot

i'm here with matt cheslock. jeffries throwing in the towel today and downgrading safeway to hold from buy and cutting the price target. the stock as you are aware is in a poor performance so far this year. sales upside driven by just for you appears limited and other issues, gas prices, competition, food prices. fair comment? late to the game i would have thought. >> i think it's late to the game, too. i agree. might be a bigger macro picture here. down 5%. s&p up 22%. why buy safeway right now? right call. >> down 27% year to date. ubs putting an upgrade on luminex. it says it's oversold. actually, the price target came through with on that last night is $22, 20% upside from here last night seeing the bounce already in there. >> amazing how the analysts have great calls as far as low volume. able to move the stocks. locking back to the price target of 21 is a 51% retracement. market's digested the recent acquisition and good call here and i think based on valuation level definitely. >> another set of analysts t