GM upgraded to Buy from Deutsche Bank. Here's why.
General Motors (GM) got an upgrade to Buy from Hold by the analyst team at Deutsche Bank, bumping its price target a notch higher to $60 per share. Julie Hyman and Josh Lipton review the analyst commentary on the automaker,
GM Stock Pops on Deutsche Bank Upgrade Ahead of Q4 Earnings
Key Takeaways General Motors shares rose Tuesday after Deutsche Bank analysts upgraded the automaker's stock ahead of its fourth-quarter earnings report.Deutsche Bank cited GM's recent "strategic moves" like ending the Cruise robotaxi program and restructuring its struggling China business as positives.
General Motors upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded General Motors (GM) to Buy from Hold with a $60 price target into the Q4 report. The firm cites GM’s recent strategic
General Motors' China, Cruise Strategies to Help Propel Stock, Deutsche Bank Says in Upgrade
General Motors' (GM) recent strategic moves to restructure its business in China and refocus its Cruise autonomous driving business should be tailwinds for the company's stock, Deutsche Bank said in a note emailed Tuesday.
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After reaching record highs last year, shares of Monolithic Power Systems have slumped more than 30% since the firm's last earnings report at the end of October, but analysts remain bullish on the stock.
GM's consistent track record of execution earns upgrade at Deutsche Bank
General Motors (NYSE:GM) shares are getting a bump in early Tuesday trading after Deutsche Bank upgraded the stock for what it sees as the company’s “consistent track record of execution” which takes into account GM’s (NYSE:GM) recent decision on its floundering Cruise unit and restructuring of its Chinese operations to better suit the Chinese
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