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 $52 to $54.
January 31, 2024 | 4:22 pm
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RBC Capital analyst Tom Narayan maintains an Outperform rating on General Motors and raises the price target from $52 to $54, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a positive sentiment towards General Motors' stock performance in the short term. As price targets by reputable analysts often influence market perception, this could lead to an increase in investor confidence and potentially drive the stock price up.
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