UPDATE: General Motors (GM) PT Lowered to $56 at UBS
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General Motors (GM) Will Likely Make Up Lost Production by Year End, Barclays FY Estimates Largely Unchanged After Preannouncement
July 5, 2022 6:47 AM EDTBarclays analyst Brian Johnson reiterated an Overweight rating and $52.00 price target on General Motors (NYSE: GM) despite management disclosing, last Friday, plans to hold ~95k vehicles manufactured missing certain components in company inventory until they are completed. Despite this headwind, the analyst left FY22 forecasts largely intact on the belief that the company can sell the impacted vehicles throughout 2H22, essentially, catching up.
The analyst stated "We cut our 2Q EPS to $1.25 from... More
General Motors (GM) PT Lowered to $64 at JPMorgan
July 5, 2022 4:44 AM EDTJPMorgan analyst Ryan Brinkman lowered the price target on General Motors (NYSE: GM) to $64.00 (from $71.00) while maintaining a Overweight rating.... More
