Recalls Not Expected to Affect GM's (GM) Ratings - Fitch
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General Motors (GM) Taps Year-to-Date Lows
April 11, 2014 2:57 PM EDTGeneral Motors (NYSE: GM) stock tapped year-to-date lows on Friday amid a broad market sell-off. The decline in GM gathered steam after a House Committee posted documents related to the recall investigation. In addition, five senators urged the DOJ to intervene in GM lawsuits.
Deutsche Bank Slices Numbers at GM (GM) But Keeps Shares at 'Buy'
April 11, 2014 6:43 AM EDTDeutsche Bank analyst Rod Lache lowered estimates and his price target on General Motors (NYSE: GM) from $48 to $41 but maintained a Buy rating.
Lache said, "Looking forward, GMs product cadence is likely to moderate, and GM faces a number of new challenges. So we are adjusting our assumptions to incorporate what we believe to be very... More
