Morgan Stanley Maintains Overweight on General Motors, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas maintains an Overweight rating on General Motors (NYSE:GM) and raises the price target from $43 to $46.
April 10, 2024 | 5:03 pm
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Morgan Stanley analyst Adam Jonas maintains an Overweight rating on General Motors and raises the price target from $43 to $46.
The upgrade in price target by a reputable analyst like Adam Jonas suggests a positive outlook on General Motors' stock, likely due to anticipated strong performance or favorable market conditions. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100