GM boosts full-year outlook after record second-quarter profit

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UBS Reiterates Buy on General Motors (GM) Following 2Q Earnings Beat

July 22, 2016 9:42 AM EDT

UBS reiterated a Buy rating and $41.00 price target on General Motors (NYSE: GM) following the company's 2Q earnings report.

Analyst Colin Langan commented, "Similar to Q1, GM traded up just 2% (vs. industry ~flat) after posting another strong earnings beat. The adj.... More