UPDATE: Morgan Stanley Reiterates Underweight Rating, Removes PT on General Motors Company Following 3Q14 Results

In a report published Friday, Morgan Stanley analyst Adam Jonas reiterated an Underweight rating on

, but removed the $27.00 price target. In the report, Morgan Stanley noted, “Although results were fine -- slightly better than consensus on very strong results in N. America and China -- we are still left with the feeling that something just isn't right at the General.” General Motors Company closed on Thursday at $30.93.