Check Out What Whales Are Doing With General Motors
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on General Motors (NYSE:GM) by an unknown entity, with 10 options trades spotted, split 50% bullish and 50% bearish. The price target for GM over the last 3 months has been between $31.0 to $40.0. The current price of GM is up 2.36% at $39.19. Barclays, Wells Fargo, Morgan Stanley, and Mizuho have maintained their ratings on GM with price targets of $46, $32, $41, and $40 respectively.
July 27, 2023 | 2:32 pm
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A significant bullish stance has been taken on General Motors, with a price target range of $31.0 to $40.0 over the last 3 months. The current price of GM is up 2.36% at $39.19.
The news of a significant bullish stance being taken on General Motors, along with the current price increase, indicates a positive short-term impact on the stock. The maintained ratings from various financial institutions also contribute to this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100