Ford halting Venezuela production until April, executive says
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Instinet Raises Price Target on General Motors (GM) to $34
December 21, 2016 7:59 AM ESTInstinet reiterated a Neutral rating on General Motors (NYSE: GM), and raised the price target to $34.00 (from $33.00). Instinet expects the company's North American wholesale sales to fall by 11% y-y in 2017. The fall will be driven primarily by an inventory adjustment, following the buildup this year.
Analyst Anindya Das commented, "We expect GMs North American (NA)... More
Instinet Raises Price Target on Ford Motor (F) to $14.50; Reiterates Buy
December 21, 2016 7:40 AM ESTInstinet reiterated a Buy rating on Ford Motor (NYSE: F), and raised the price target to $14.50 (from $14.00), after adjusting estimates.
Analyst Anindya Das commented, "We have adjusted our estimates for the inventory drawdown in 2016 to allow for Fords production adjustments in... More
