General Motors stock rises as Q3 earnings surpass expectations
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
General Motors (GM) PT Raised to $46 at Morgan Stanley
October 23, 2024 12:18 PM EDTMorgan 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
General Motors (GM) PT Raised to $38 at Wells Fargo
October 23, 2024 6:39 AM EDTWells 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
General Motors (GM) PT Raised to $70 at Barclays
October 23, 2024 5:41 AM EDTBarclays 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
Evercore ISI Reiterates Outperform Rating on General Motors (GM)
October 22, 2024 7:46 AM EDTEvercore 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
