Deutsche Bank analyst Emmanuel Rosner raised the firm’s price target on General Motors to $44 from $39 and keeps a Hold rating on the shares. The company issued a strong 2024 outlook but faces continued electric vehicle execution risk, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on GM:
- General Motors (NYSE:GM) Shifts Gears, Brings In the Plug-In Hybrid
- GM guidance brings $95 price target ‘into view,’ says Citi
- General Motors delivered ‘whopping’ EPS guidance, says Evercore ISI
- General Motors ‘committed’ to Cruise, technology is ‘sound,’ says CEO
- General Motors sees slight Q1 loss in China, CFO says