GM Defense Canada Receives Contract Award from Canadian Armed Forces for Modern Light Tactical Vehicles

General Motors (GM) PT Raised to $54 at Argus

Argus analyst William Selesky raised the price target on General Motors (NYSE: GM) to $54.00 (from $52.00) while maintaining a Buy rating.

The analyst comments "Raising price target to $54 On July 23, General Motors reported an adjusted 2Q24 net profit of $3.510 billion or $3.06 per diluted share, up... More

General Motors (GM) cut at Morgan Stanley on minimal upside

Morgan Stanley downgraded General Motors (NYSE: GM) from Overweight to Equal-weight in a note Wednesday, citing limited upside potential.

Despite raising the price target from $46 to $47, analysts believe the stock's recent performance has largely discounted the upside.

"GM's improved capital discipline and execution has driven $10 of EPS, making it the best performing major OEM year-to-date and... More

Morgan Stanley Downgrades General Motors (GM) to Equalweight

Morgan Stanley analyst Adam Jonas downgraded General Motors (NYSE: GM) from Overweight to Equalweight with a price target of $47.00 (from $46.00).

The analyst comments "GM's fundamental improvements in capital discipline have not been ignored by the stock market. During the UAW strike of... More

General Motors (GM) PT Raised to $61 at JPMorgan

JPMorgan 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

Mizuho 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