Check Out What Whales Are Doing With General Motors
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on General Motors (NYSE:GM), with 60% of big-money traders also showing bearish sentiment. The investor's target price range for GM over the last 3 months is between $20.0 and $55.0. Meanwhile, several financial institutions have maintained their ratings on GM, with price targets ranging from $37 to $90. GM's stock price is currently up 2.41% at $28.02.
October 31, 2023 | 3:31 pm
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A large investor has taken a bearish stance on General Motors, with a target price range of $20.0 to $55.0. Several financial institutions have maintained their ratings on GM, with price targets ranging from $37 to $90.
The bearish sentiment from a large investor and a majority of big-money traders could potentially drive GM's stock price down in the short term. However, the maintained ratings and relatively high price targets from financial institutions suggest a positive long-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100