General Motors (GM) Reports In-Line Q2 EPS
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General Motors (GM) Remains CL-Buy at Goldman Sachs; Analyst Comments on Q2 Results
July 25, 2014 8:51 AM EDTGoldman Sachs maintained a Conviction Buy on General Motors (NYSE: GM) with a price target of $48. Comments follow Q2 results. Analyst Patrick Archambault believes guidance for margin improvement in the second half is credible.
"While besting our estimates, GM posted a slight miss to the Street driven by lower than forecast revenue conversion in North America (delivering 90bp of margin... More
CLSA Downgrades General Motors (GM) to Outperform
July 25, 2014 7:50 AM EDTCLSA downgraded General Motors (NYSE: GM) from Buy to Outperform.
For an analyst ratings summary and ratings history on General Motors click here. For more ratings news on General Motors click here.
Shares of General Motors closed at $35.74 yesterday.
... MoreDeutsche Bank Downgrades General Motors (GM) to Hold
July 25, 2014 6:48 AM EDTDeutsche Bank downgraded General Motors (NYSE: GM) from Buy to Hold with a price target of $41.00. Analyst Rod Lache said it was showing signs of moderating momentum, and he went on to list three reasons for the downgrade.
"1) Deceleration in contribution margins. The volume related miss that we saw for the quarter was not that big of a concern. More importantly, after digging into the numbers, we concluded that the recent momentum behind GM's contribution margins has begun to decelerate. We further believe that GM's contribution margins (the net of... More

