GM profit tops estimates on strong truck demand, improved China
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UBS Raises Price Target on General Motors (GM) Following a $0.31 EPS Beat in Q3
October 22, 2015 11:57 AM EDTUBS reiterated a Buy rating on General Motors (NYSE: GM), and raised the price target to $50.00 (from $48.00), following the company's 3Q15 earnings results. GM reported a $0.31 Q3 beat vs. consensus. Adjusted EBIT of $3.1bn beat consensus of $2.7bn, reflecting strong margin growth in... More
