Citigroup Maintains Buy on General Motors, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a 'Buy' rating on General Motors (NYSE:GM) but lowered the price target from $95 to $90.
October 11, 2023 | 4:04 pm
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Citigroup has maintained a 'Buy' rating on General Motors but lowered the price target from $95 to $90.
The news is directly related to General Motors. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the rating is still 'Buy'.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100