General Motors (GM) Expects H1 Results to Come 'Significantly Better' Than Guidance, Notes Strong Demand for Chevrolet, Buick, GMC, and Cadillac to Send Shares Higher

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Go back to General Motors (GM) Expects H1 Results to Come 'Significantly Better' Than Guidance, Notes Strong Demand for Chevrolet, Buick, GMC, and Cadillac to Send Shares Higher

General Motors (GM) PT Raised to $73 at JPMorgan Citing Inflation Benefits

June 4, 2021 4:36 AM EDT

JPMorgan analyst Ryan Brinkman raised the price target on General Motors (NYSE: GM) to $73.00 (from $71.00) while maintaining a Overweight rating.

THe analyst comments "We rate GM Overweight for its best-in-class leverage to global growth markets, ongoing operational turnaround, and improving product... More