GM fourth-quarter profit falls on currency losses; stock tumbles

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Go back to GM fourth-quarter profit falls on currency losses; stock tumbles

General Motors (GM) PT Raised to $43 at Piper Jaffray

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

Morgan Stanley Reiterates Outperform on General Motors (GM) Following 4Q Report

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