RBC Capital Maintains Outperform on General Motors, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan has maintained an Outperform rating on General Motors (NYSE:GM) and increased the price target from $48 to $54.
December 01, 2023 | 4:49 pm
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RBC Capital analyst Tom Narayan maintains an Outperform rating on General Motors and raises the price target from $48 to $54.
The increase in price target by RBC Capital suggests a positive outlook on General Motors' stock, likely due to strong fundamentals or potential growth opportunities identified by the analyst. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100