GM's Cruise to begin testing autonomous vehicles in California
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- US stock futures steady after tech slump; investors focus on Middle East tensions
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- U.S. debt tops $40 trillion
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Marvell shares jump after giving Google warrants amid custom chip deal
General Motors cut at Bernstein on rising earnings headwinds
September 23, 2024 7:19 AM EDTBernstein downgraded General Motors (NYSE: GM) from Outperform to Market-Perform in a note Monday, citing rising earnings headwinds and potential capital requirements.
According to the firm, GM's stock has surged by 85% since November 2023, thanks to strong North American performance and aggressive shareholder returns, including a $10 billion accelerated share repurchase (ASR) in late 2023 and an additional $6 billion buyback in mid-2024.
"Our data... More
Bernstein SocGen Group Downgrades General Motors (GM) to Market Perform, 'Let's Wait and See'
September 23, 2024 5:38 AM EDTBernstein SocGen Group analyst Adrian Yanoshik downgraded General Motors (NYSE: GM) from Outperform to Market Perform with a price target of $53.00.
The analyst comments "GM shares have appreciated +85% since last November, but now our data signals rising earnings headwinds, and we think there is a risk the company will announce additional... More
BofA Securities Reiterates Buy Rating on General Motors (GM)
September 20, 2024 9:35 AM EDTBofA Securities analyst John Murphy reiterated a Buy rating and $85.00 price target on General Motors (NYSE: GM).
The analyst comments "On 10/8/24, GM will host an Investor Day in Spring Hill, TN, where GM builds several SUV models including the Cadillac... More
