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.
Deutsche Bank downgrades Schaeffler (0RBK) to a Hold
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GM's consistent track record of execution earns upgrade at Deutsche Bank
Although there are some concerns about the shifting regulatory landscape under a new Trump administration, Deutsche Bank analyst Edison Yu sees these risks as already priced into the stock, leaving room for positive surprises (see Trump revokes Biden order that pushed for 50% EVs by 2030 ).
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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,
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.
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
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