Barclays Maintains Overweight on General Motors, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy maintains an Overweight rating on General Motors (GM) and raises the price target from $55 to $60.
April 26, 2024 | 2:06 pm
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Barclays analyst Dan Levy maintains an Overweight rating on General Motors and raises the price target from $55 to $60.
The increase in price target by Barclays, accompanied by an Overweight rating, suggests a positive outlook on GM's stock performance in the short term. This endorsement from a major financial institution could lead to increased investor confidence and potentially drive the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100