Wells Fargo Maintains Underweight on General Motors, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan maintains an Underweight rating on General Motors (NYSE:GM) but raises the price target from $30 to $32.
June 25, 2024 | 2:09 pm
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Wells Fargo analyst Colin Langan maintains an Underweight rating on General Motors but raises the price target from $30 to $32.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100