GM (GM) Shares Rise Following Ticonderoga's Upgrade to Buy
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Price: $86.77 +0.44%
Rating Summary:
28 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
28 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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An analyst at Ticonderoga upgraded shares of General Motors (NYSE: GM) from Neutral to Buy Monday morning. The analyst set a new $42 price target on the stock.
GM shares are indicated to open 1.2 percent higher this morning. In pre-open action, the stock last traded at $26.05.
Ticonderoga's new price target represents potential upside of about 61 percent from where the stock is currently trading.
The upgrade may be giving legs to shares of Ford (NYSE: F) this morning also. The stock is up nearly 2 percent to around $11.27.
For more ratings news on General Motors click here and for the rating history of General Motors click here.
GM shares are indicated to open 1.2 percent higher this morning. In pre-open action, the stock last traded at $26.05.
Ticonderoga's new price target represents potential upside of about 61 percent from where the stock is currently trading.
The upgrade may be giving legs to shares of Ford (NYSE: F) this morning also. The stock is up nearly 2 percent to around $11.27.
For more ratings news on General Motors click here and for the rating history of General Motors click here.
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