Why GM's Stock Is Trading Higher Today
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
Date | Firm | Action | From | To |
---|---|---|---|---|
Jan 2021 | Argus Research | Upgrades | Hold | Buy |
Jan 2021 | Nomura Instinet | Upgrades | Neutral | Buy |
Nov 2020 | Morgan Stanley | Maintains | Overweight |
View More Analyst Ratings for GM
View the Latest Analyst Ratings
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