Bernstein Maintains Market Perform on General Motors, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Adrian Yanoshik maintains a Market Perform rating on General Motors (NYSE:GM) and raises the price target from $53 to $55.
October 25, 2024 | 11:43 am
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Bernstein analyst Adrian Yanoshik has maintained a Market Perform rating on General Motors and increased the price target from $53 to $55.
The increase in price target from $53 to $55 suggests a positive outlook on GM's stock, which could lead to a short-term price increase. However, the Market Perform rating indicates that the stock is expected to perform in line with the market, which tempers the impact.
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IMPORTANCE 70
RELEVANCE 100