Deutsche Bank analyst Edison Yu raised his rating on GM stock to Buy from Hold, and lifted his price target to $60 from $56.
Shares of General Motors rose Tuesday after Deutsche Bank analysts upgraded the stock, citing the automaker's recent strategic moves like shuttering its Cruise robotaxi program.
GENERAL MOTORS CO (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s ...
In comparison, electric-vehicle giant Tesla Inc.’s stock soared 62.5% in 2024. Since GM bailed on its robotaxi business, the ...
You know what they say: "Buy low and sell high." General Motors stock closed at $9.45 on September 30, which is 78% below its 52-week high of $43.20. That little piece of news, coupled with GM's ...
GM has been able to ride its success over the last year to a stock run up of 43%. This compared to a 10% drop in Toyota’s (NYSE: TM) shares and a Ford stock fall of 9%. Any large write-off could ...
General Motors (GM) stock rose more than 4% out of the gate Tuesday after the company disclosed higher-than-expected earnings and revenue for its first quarter and raised its full-year outlook.