GM Reports Income of $0.1 Billion and EBIT-adjusted of $2.5 Billion from Continuing Operations

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General Motors (GM) PT Raised to $51 at Piper Jaffray

October 24, 2017 11:48 AM EDT

Piper Jaffray raised its price target on General Motors (NYSE: GM) to $51.00 (from $44.00) while maintaining an Overweight rating following Q3 results.

Analyst Alexander Potter said the 'new mobility' optimism supports a higher multiple.

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