GM, Ford profit may take a hit from cooling EV demand, US dealer software outage
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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
General Motors (GM) PT Raised to $54 at Mizuho
July 23, 2024 12:16 PM EDTMizuho analyst Vijay Rakesh raised the price target on General Motors (NYSE: GM) to $54.00 (from $52.00) while maintaining a Outperform rating.
The analyst comments "Slowing EV Ramps with EV Trucks and Regulations - Still Up Q/Q, Focus on ICE GM noting EVs getting... More
