GM stock tops $50 on its way to another record [Yahoo! Finance News]
General Motors Company (GM)
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Source: Yahoo! Finance News
General Motors Co. shares were poised to hit a record close Thursday, stretching their winning run to a fourth session and topping $50 on optimism about the company’s electric-vehicle push. stock, +5.70%, Analyst Bill Selesky at Argus on Thursday raised his rating on stock to buy, from hold, saying that the company continues to expand into electric and autonomous vehicles and it benefits from “high margins” in North America as well as “solid cash flow and a strong balance sheet.”Investors have undervalued in internal combustion vehicles and other aspects of its business, Selesky said in the note. He raised his price target on shares to $56, implying an upside around 15% from current levels.Shares of have gained 46% in the past 12 months, compared with gains around 16% for the S&P 500 index., +0.16% was “the star of the show” earlier this week at virtual CES, Dan Ives with Wedbush said in a note Thursday. updates in battery technology and new EV models “l
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GM
Earnings
- 4/23/24 - Beat
GM
Sec Filings
- 4/25/24 - Form PX14A6G
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- GM's page on the SEC website