General Motors cut at Bernstein on rising earnings headwinds
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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
GM's Cruise to begin testing autonomous vehicles in California
September 19, 2024 2:03 PM EDT(Reuters) - General Motors' self-driving unit Cruise said on Thursday it will begin supervised testing with up to five autonomous vehicles in fall this year in California's Bay Area.
Cruise will deploy several manual mapping vehicles in Sunnyvale and Mountain View, following which the testing will start,... More
