Morgan Stanley Maintains Overweight on General Motors, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has maintained an 'Overweight' rating on General Motors (NYSE:GM) and raised the price target from $38 to $41.
July 07, 2023 | 10:32 am
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Morgan Stanley has maintained an 'Overweight' rating on General Motors and raised the price target from $38 to $41.
The 'Overweight' rating indicates that Morgan Stanley expects General Motors' stock to outperform the market in the future. The increase in the price target from $38 to $41 suggests that the analyst sees more upside potential in the stock. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100