General Motors (GM) Declares $0.12 Quarterly Dividend; 1% Yield
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October 23, 2024 12:18 PM EDT
Morgan Stanley analyst Adam Jonas raised the price target on General Motors (NYSE: GM) to $46.00 (from $42.00) while maintaining a Underweight rating.
The analyst comments "GMs strong 3Q, raised outlook and confident share repurchase commentary helps re-rate the company,... More
October 23, 2024 6:39 AM EDT
Wells Fargo analyst Colin M. Langan raised the price target on General Motors (NYSE: GM) to $38.00 (from $33.00) while maintaining a Underweight rating.
The analyst comments "GM beat & raised FY EBIT guide ~4%. After an upbeat investor day, the beat was expected. The stock likely... More
October 23, 2024 5:41 AM EDT
Barclays analyst Dan Levy raised the price target on General Motors (NYSE: GM) to $70.00 (from $64.00) while maintaining a Overweight rating.
The analyst comments "Key takes: 1. 3Q beat continues trajectory of strong GM earnings, FCF generation especially robust; 2. '24 guide raised as expected,... More
October 22, 2024 7:46 AM EDT
Evercore ISI analyst Chris McNally reiterated an Outperform rating and $55.00 price target on General Motors (NYSE: GM).
The analyst comments "PM Summary GM comes up BIG AGAIN Q3 with $2.96 EPS vs cons $2.45 (EBIT of $4.1Bn vs our/cons $3.7Bn/$3.4Bn on $300-400MM NA beat) with solid upper-end raise to FY EBIT/EPS as well ($14-15Bn EBIT; $10-10.50 EPS) & a whopping $2-3Bn FCF raise to $12.5-$13.5Bn. Expectations we believe... More
