General Motors Hit With $102.6 Million Jury Verdict in Class Action Over Defective Engines

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159 Tax Loss Candidates Could Bounce - BofA

October 6, 2022 11:35 AM EDT

BofA Securities analyst Savita Subramanian told investors in a note Thursday that "tax loss harvesting season is here."

"Tax loss harvesting for institutional investors became increasingly prevalent after the Tax Reform Act of 1986, which mandated Oct. 31 as the cut-off for most mutual funds to realize capital gains," Subramanian explained. "Weve... More

Morgan Stanley Upgrades Ford (F) to Overweight; Cuts Price Target on General Motors (GM)

October 5, 2022 7:34 AM EDT

Morgan Stanley upgraded coverage on Ford Motor Company (NYSE: F) to Overweight (from Equal-Weight) and lowered their price target on General Motors (NYSE: GM) to $30 (from $42) based on valuation and preference.

Analyst, Adam Jonas wrote in a note, Our preference for Ford vis-à-vis GM is driven by our views of the business portfolio and strategy. Both... More