Barclays Maintains Equal-Weight on General Motors, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy has maintained an Equal-Weight rating on General Motors (NYSE:GM) and raised the price target from $42 to $46.
July 11, 2023 | 12:29 pm
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Barclays has maintained an Equal-Weight rating on General Motors and raised the price target from $42 to $46.
The news of Barclays maintaining an Equal-Weight rating on General Motors and raising the price target is likely to have a positive impact on the company's stock in the short term. This is because the raised price target indicates that the analyst sees potential for the stock's price to increase, which could encourage investors to buy the stock, thereby driving up its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100