Morgan Stanley Maintains Overweight on General Motors, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has maintained an Overweight rating on General Motors (NYSE:GM) but lowered the price target from $41 to $40.
October 27, 2023 | 1:09 pm
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Morgan Stanley has maintained an Overweight rating on General Motors but lowered the price target from $41 to $40.
The news is directly related to General Motors as Morgan Stanley has maintained an Overweight rating on the company but lowered the price target. This could potentially lead to a neutral impact on the stock as the rating remains positive but the price target has been slightly reduced.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100