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.
1GM : How To Earn $500 A Month From General Motors Stock Ahead Of Q4 Earnings
Analysts expect the Detroit, Michigan-based company to report quarterly earnings at $1.8 per share, up from $1.24 per share in the year-ago period. General Motors projects quarterly revenue of $43.28 billion, compared to $42.98 billion a year earlier, according to data from Benzinga Pro.
General Motors: Q4 Earnings Likely To Make The Stock Surge
Financial writer bullish on General Motors' stock, citing strong performance, efficient operations, and potential for future gains.
Analyst: General Motors Stock Could See 'Positive Surprises'
General Motors stock boasts a solid 47.4% year-over-year gain, yet 13 of 23 covering brokerages still rate it a "hold" or worse. This leaves room for potential upgrades, which could generate additional tailwinds.
GM’s stock jumps as one analyst points to ‘positive surprises’ in upgrade
In comparison, electric-vehicle giant Tesla Inc.’s stock soared 62.5% in 2024. Since GM bailed on its robotaxi business, the stock has lost 1.8% while Tesla shares have advanced
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
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
GM’s stock jumps as Deutsche Bank turns bullish
Shares of General Motors Co. GM rallied 1.3% in premarket trading Tuesday, after Deutsche Bank upgraded them to buy from hold, citing recent moves in China and aggressive buyback activity. “With GM stock having outperformed Ford significantly last year,
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Deutsche Bank analyst Edison Yu raised his rating on GM stock to Buy from Hold, and lifted his price target to $60 from $56.
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General Motors Co (GM)’s Stock Plunge: What You Need to Know
General Motors Co (GM) stock saw a decline, ending the day at $51 which represents a decrease of $-0.98 or -1.89% from the prior close of $51.98. The stock opened at $51.75 and touched a low of $50.31 ...
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GM's EV Supply Chain Strengthens: Is the Stock a Value Play Now?
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