Analysts fell to the sidelines weighing in on General Motors (GM – Research Report) and Etsy (ETSY – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
General Motors (GM)
In a report issued on July 27, Emmanuel Rosner from Deutsche Bank downgraded General Motors to Hold, with a price target of $36.00. The company’s shares closed last Thursday at $35.74, close to its 52-week low of $30.33.
According to TipRanks.com, Rosner is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Motors with a $51.80 average price target, representing a 48.0% upside. In a report issued on July 14, Morgan Stanley also maintained a Hold rating on the stock with a $42.00 price target.
Deutsche Bank analyst Lee Horowitz reiterated a Hold rating on Etsy yesterday and set a price target of $90.00. The company’s shares closed last Thursday at $104.92, close to its 52-week low of $67.01.
According to TipRanks.com, Horowitz is a 5-star analyst with an average return of
Etsy has an analyst consensus of Moderate Buy, with a price target consensus of $115.50, a 14.7% upside from current levels. In a report issued on July 20, KeyBanc also initiated coverage with a Hold rating on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on GM: