Barclays Upgrades General Motors to Overweight, Announces $37 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy has upgraded General Motors (NYSE:GM) from Equal-Weight to Overweight and announced a price target of $37.
November 01, 2023 | 9:00 am
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POSITIVE IMPACT
General Motors has been upgraded to Overweight from Equal-Weight by Barclays, with a price target of $37.
The upgrade from Barclays is a positive signal for General Motors. It indicates that the analyst believes the company's stock is likely to outperform the market or its sector in the near term. The price target of $37 also suggests that the analyst sees significant upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100