UBS Upgrades General Motors to Buy, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Patrick Hummel has upgraded General Motors (NYSE:GM) from Neutral to Buy and raised the price target from $41 to $44.
September 13, 2023 | 4:30 pm
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POSITIVE IMPACT
UBS has upgraded General Motors from Neutral to Buy and raised the price target from $41 to $44.
The upgrade from UBS is a positive signal for General Motors. The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100