Toyota (TM) Slumps As Analyst Gets Syrupy on Rivals (F) (GM)
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Toyota Motor (NYSE: TM) is trading lower ahead of the bell today, following analyst calls to rivals General Motors (NYSE: GM) and Ford Motor Co. (NYSE: F).
Toyota shares are down about 3.1% pre-market today. Toyota last traded at $79.59, with a current bid at $79.46.
Earlier, Jefferies initiated Ford with a Buy rating and price target of $19. The firm also started General Motors at Hold, with a $34 price target, though they have a positive outlook on the company.
Toyota shares are down about 3.1% pre-market today. Toyota last traded at $79.59, with a current bid at $79.46.
Earlier, Jefferies initiated Ford with a Buy rating and price target of $19. The firm also started General Motors at Hold, with a $34 price target, though they have a positive outlook on the company.
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