General Motors (GM) July weekly 48.50 straddle priced into quarter results
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General Motors (GM) PT Raised to $61 at JPMorgan
July 24, 2024 5:16 AM EDTJPMorgan analyst Ryan Brinkman raised the price target on General Motors (NYSE: GM) to $61.00 (from $60.00) while maintaining a Overweight rating.
The analyst comments "We are reiterating our Overweight rating on GM shares after the automaker reported strongly better 2Q results Tuesday, which along with GMs strongly better than expected 2024 outlook introduced in January, strongly better than expected 1Q beat, unexpected guidance increase at the time of 1Q24 earnings, and unexpected second raise to full-year 2024 guidance today in as many quarters reveal GMs $10 bn accelerated share repurchase program announced last October and subsequent follow-on... More
RBC Capital Reiterates Outperform Rating on General Motors (GM)
July 22, 2024 6:23 AM EDTRBC Capital analyst Joseph Spak reiterated an Outperform rating and $58.00 price target on General Motors (NYSE: GM).
The analyst comments "GM appears to be set up well for a Q2 beat. 2024 guidance also implies a sharp H2 downshift vs H1 which could be... More
