UBS Maintains Buy on General Motors, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Patrick Hummel maintains a Buy rating on General Motors (NYSE:GM) and raises the price target from $56 to $58.
April 24, 2024 | 4:11 pm
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UBS analyst Patrick Hummel maintains a Buy rating on General Motors and raises the price target from $56 to $58.
The upgrade in price target by UBS reflects a positive outlook on General Motors' stock, suggesting an expectation of upward movement in the stock price. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100