General Motors (GM) Tops Q4 EPS by 11c, Sales Rise 10.8%
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February 8, 2017 9:31 AM EST
Piper Jaffray raised its price target on General Motors (NYSE: GM) to $43.00 (from $42.00) while maintaining a Overweight rating. Net automotive revenue of $41.2B was above the Street estimate of $39.1B. Adjusted EPS of $1.28 beat consensus estimates of $1.17.
Analyst Alexander Potter commented, "We reiterate our... More
February 8, 2017 7:30 AM EST
Evercore ISI analyst George Galliers reiterates Hold rating and raises price target on General Motors Co. (NYSE: GM) to $40 (from $36), suggesting yesterday's -4.7% performance in the stock, despite an EPS beat and in line guidance, represents an overreaction.
Galliers comments, GM was battered... More
February 7, 2017 11:24 AM EST
Morgan Stanley reiterated an Overweight rating and $42.00 price target on General Motors (NYSE: GM) following the company's 4Q earnings report.
Analyst Adam Jonas commented, "GM posted an 18% beat vs. our Adj. EBIT ests, driven by NA and Europe. Other regions in line. GM... More
