UBS Maintains Buy on General Motors, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Patrick Hummel has maintained a Buy rating on General Motors (NYSE:GM) and raised the price target from $58 to $62.
October 23, 2024 | 3:30 pm
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UBS analyst Patrick Hummel has maintained a Buy rating on General Motors and increased the price target from $58 to $62, indicating a positive outlook on the stock.
The increase in the price target from $58 to $62 by UBS suggests a positive outlook for General Motors, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100