Market Overview

Why GM's Stock Is Trading Higher Today

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General Motors (NYSE: GM) shares are trading higher on Friday, after Goldman Sachs upgraded the stock from Neutral to Buy with a $43 price target.

GM has seven brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The U.S. now has four brands instead of eight under old GM.

See Also: 5 Reasons Why Morgan Stanley And Goldman Sachs Downgraded Tesla

The company remains the market leader in the U.S. with 17% share in 2019.

General Motors shares were trading up 4.08% at $27.58 on Friday. The stock has a 52-week high of $41.90 and a 52-week low of $14.32.

Latest Ratings for GM

DateFirmActionFromTo
Jan 2021Argus ResearchUpgradesHoldBuy
Jan 2021Nomura InstinetUpgradesNeutralBuy
Nov 2020Morgan StanleyMaintainsOverweight

View More Analyst Ratings for GM
View the Latest Analyst Ratings

 

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