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General Motors (GM) PT Raised to $57 at Piper Jaffray Following 'Robo-Taxi' Analysis
May 15, 2018 8:38 AM EDTPiper Jaffray raised its price target on General Motors (NYSE: GM) to $57.00 (from $52.00) while maintaining a Overweight rating following an analysis of the company's "robo-taxi' business.
Once investors begin valuing robo-taxis, analyst Alexander Potter believes that investors will bid GM higher by 50%+. Piper... More
