Barclays Maintains Overweight on General Motors, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy has maintained an Overweight rating on General Motors (NYSE:GM) and increased the price target from $37 to $44, indicating a positive outlook on the company's stock.
January 24, 2024 | 8:58 pm
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Barclays analyst Dan Levy maintains an Overweight rating on General Motors and raises the price target from $37 to $44, suggesting confidence in the company's future performance.
The increase in price target by Barclays reflects a bullish stance on General Motors, which is likely to be perceived positively by investors. This could lead to an increase in investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100