Deutsche Bank Reinstates Hold on General Motors, Announces $53 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Edison Yu has reinstated a Hold rating on General Motors (NYSE:GM) and set a price target of $53.
September 10, 2024 | 12:01 pm
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Deutsche Bank has reinstated a Hold rating on General Motors with a price target of $53, indicating a neutral stance on the stock.
The Hold rating suggests that Deutsche Bank does not expect significant short-term movement in GM's stock price. The $53 price target provides a benchmark for investors, but the neutral rating indicates no strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100