Barclays Starts General Motors (GM) at Overweight, $42 Price Target

December 28, 2010 8:03 AM EST Send to a Friend
Get Alerts GM Hot Sheet
Price: $33.23 -0.51%

Rating Summary:
    20 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
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Shares of General Motors (NYSE: GM) are moving higher in pre-market action as numerous analyst firms are initiating coverage on the stock today.

An analyst at Barclays Capital has started the stock at Overweight with a $42 price target.

With GM shares now up 2.2% to $35.35, Barclays' new price target implies potential upside of about 19%.

For more ratings news on General Motors click here and for the rating history of General Motors click here.


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