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GM shares gains 4% in moring trading.

Tiger Newspress2021-07-09

GM shares gains 4% in moring trading.

General Motors’ push into electric vehicles and software will make Wall Street view it more as a tech company, and that will create a windfall for investors, according to investment firm Wedbush.

Shares of the legacy automaker have jumped more than 34% this year, fueled by a rollout of new plans to shift the company quickly to electric vehicles. The stock has lost steam in the last three months, however.

Wedbush analyst Dan Ives said in a note to clients on Thursday evening that the stock still had significant upside and initiated coverage of GM with an outperform rating.

Wedbush set a price target of $85 per share for GM, which is roughly 52% above where the stock closed on Thursday.

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Comment30

  • Grace9
    ·2021-07-10
    Bullish
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  • CokePepsi
    ·2021-07-10
    Nice
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  • pockoot
    ·2021-07-10
    Wow
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  • 冰眼
    ·2021-07-10
    Wow 
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  • 1st_78
    ·2021-07-10
    It’s about time to rise
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  • KirillR
    ·2021-07-10
    Waiting for less price
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  • Rockyspider
    ·2021-07-10
    Hello
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  • Rockyspider
    ·2021-07-10
    Helllo 
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  • NongTrading
    ·2021-07-10
    [Miser] [Miser] happy yaya
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  • Paulll
    ·2021-07-09
    Ok
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  • QueenieNgo
    ·2021-07-09
    Like 
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  • laulau
    ·2021-07-09
    like my comment pls thank you 
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    • Brsje
      Done
      2021-07-10
      Reply
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  • moliya
    ·2021-07-09
    Wow.      
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  • moliya
    ·2021-07-09
    Wow
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  • PS153
    ·2021-07-09
    good
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  • kimchee
    ·2021-07-09
    Like
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  • Jstan
    ·2021-07-09
    Like
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    • CLOUD1127
      Like
      2021-07-09
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    • 1521yes
      like
      2021-07-09
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  • EriViL
    ·2021-07-09
    Like and comments 
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    • Ozehs
      Go
      2021-07-09
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